The Exports of Malaysian Footwear Industry Decline by the European Union Effects

Malaysia Footwear Manufacturers Association president the Ding Zhenmin said,Skate Shoes since the occurrence of European and American debt crisis three years ago, to combat has always been the export market locked the European and American markets in Malaysia shoe, resulting in export volume decreased by 12%. Fortunately, after the implementation of the ASEAN 10 +1 Free Trade Area, ASEAN market continues to grow, offsetting the adverse situation of the U.S. and European markets fell.
"Last year we received Asean reception up to Chinese tourists to the country, 1.3 million people, although the data of the Ministry of Tourism in China is 1.8 million people, but I think some tourists took the visa has not come, we still conservative, in spite of or 10% increase in visitors from China. " Malaysia footwear has a centuries-old, over 1000 companies, 90 percent ethnic Chinese business, annual exports of 500 million ringgit, the domestic market of about 600 million ringgit, a total of 1.1 billion ringgit, but also create 1.8 million job opportunities.
It's written by GoodLandShoes date 4.2.2012