Column: Manufacturing
Chinese shoe makers may have a loophole
December 29, 2009: MALCOLM MOORE: The new free trade zone between China and ASEAN could give Chinese shoemakers a way around the EU blockade
The China-ASEAN free trade zone kicks in on January 1, creating the world's third-largest trade block behind the European Union and NAFTA and covering 1.9 billion people. More than 7,000 trading items will be free of tariffs across China and South East Asia.
Which is great news for Chinese shoemakers. Since 2006, Chinese shoes have been heavily taxed in Europe and earlier this month, the EU approved a 15 month extension of the anti-dumping duties on Chinese shoes.
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Which is great news for Chinese shoemakers. Since 2006, Chinese shoes have been heavily taxed in Europe and earlier this month, the EU approved a 15 month extension of the anti-dumping duties on Chinese shoes.
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