Chinese leathergoods sector struggles
16/10/2009
According to reports, Chinese leather garment production fell in August, while leathergoods exports also declined during the same month.
Industrial output value for leather clothing fell 3.9% compared with figures for August 2008 compared with a 9.9% annual increase in July. However, production value for the first eight months totalled 31.6 billion yuan ($4.6 billion), up 8.7% year-on-year.