News

Chinese leather exports take battering from SARS

06/06/2003

An indication of the harm SARS is causing to the Chinese leather trade is provided by the latest sales and export figures from the country’s leather industry association.

 

According to the China Leather Industries Association (CLIA), during April and May, sales and exports of leather goods were down 50% and 41.3% respectively, compared with the year earlier period.  In total, 36% of companies reached just half of their normal production capacity while 14% ceased production completely.

To continue reading this story, please sign in or register.