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Chinese leather garment manufacturers expected to increase prices

02/02/2007

According to a new report on the production of leather garments in China—published by Global Sources—87% of mainland China's leather garment manufacturers plan to raise export prices in 2007.

"Due to higher import taxes, the price of raw leather shipped into mainland China is projected to rise this year," said Global Sources' general manager of Content Development Michael Kleist. "Manufacturers also expect to be hit by the revaluation of the yuan and rising labour costs.”

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