China'S Shoemaking Industry Impacts Brazilian Manufacturing

- "North Korea Daily" has stopped making cheap shoes in China. from 212 million pairs (US $1.814 billion) to 180 million pairs (1.863 billion US dollars), which is a three-year performance chart of the footwear industry, a representative manufacturing industry in Brazil, from 2004 to 2006. It's hard to believe that this is happening in fast-growing Brazil. Why? More than 5000 Brazilian shoe-making technicians have gone to China. They are now working in Shanghai, Shenzhen, Guangzhou and other places. " Said axnell, who is in charge of the deal at Altec colla, the largest shoe-making component company in the Portalegre region. This is one of the four major industrial cities in Brazil, and half of the Brazilian shoe factories are concentrated here. Recently, the hottest topic in the local area is China. as the competitiveness of Chinese products becomes stronger and stronger, and the price competitiveness of Brazilian products declines due to the strength of Brazilian currency real, those technicians simply enter the camp of competitors to make a living. as one of the BRIC countries, China's wage (US $150) is a quarter of Brazil's (US $600 per capita). Some Chinese products cost only one seventh of the price of Brazilian products. Brazil's ccibc president Tang Kaiqian complained: "Brazil has too many regulations, there are 61 kinds of taxes, and the relevant labor laws and regulations are too inclined to workers. If the reform is not carried out as soon as possible, everything will be handed over to China. " In the past six years, China's trade surplus with Brazil has reached 8 billion US dollars.