Marcel
Moderator
Czech footwear output lowest in history in 2005
PRAGUE, Feb 13 (CTK) - Czech footwear output, battered by imports of cheap Chinese shoes, fell to the lowest volume in memory in 2005, the Aktualne.cz server said today, citing the Czech Footwear Association.
Czech producers turned out 5.5 million pairs of shoes in 2005, less than half of the number produced four years earlier.
Imports jumped to more than 73 million pairs in 2005, of which 80 percent came from China, said the server.
The average price of a pair of Chinese shoes reached CZK 42. The average wage in the Czech Republic amounted to CZK 18,833 in the third quarter of 2005.
The European Commission started investigations in 2005 to find out whether Chinese and Vietnamese footwear is sold below production costs in the EU.
In turn, China warned it may file a complaint with the World Trade Organization if the EU imposes anti-dumping duties on local footwear.
PRAGUE, Feb 13 (CTK) - Czech footwear output, battered by imports of cheap Chinese shoes, fell to the lowest volume in memory in 2005, the Aktualne.cz server said today, citing the Czech Footwear Association.
Czech producers turned out 5.5 million pairs of shoes in 2005, less than half of the number produced four years earlier.
Imports jumped to more than 73 million pairs in 2005, of which 80 percent came from China, said the server.
The average price of a pair of Chinese shoes reached CZK 42. The average wage in the Czech Republic amounted to CZK 18,833 in the third quarter of 2005.
The European Commission started investigations in 2005 to find out whether Chinese and Vietnamese footwear is sold below production costs in the EU.
In turn, China warned it may file a complaint with the World Trade Organization if the EU imposes anti-dumping duties on local footwear.