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tag: PIL

download.png 06 March 2023

China, 5% GDP growth this year, the lowest target in a quarter-century

Premier Li Keqiang announced China’s growth target at the start of the country’s annual legislative session Sunday. China said it would target 5% economic growth this year, its lowest such aim in decades, reflecting both the challenges it faces and the changing priorities of its leadership. [China Sets Conservative Growth Target as Challenges Loom - wsj.com]

 

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indo.jpg 08 February 2023

At the end of 2022, Indonesia lost more than 25,000 jobs in the footwear sector

Indonesia posts 5.31% GDP growth in 2022, - reports the CNA news agency - , the highest in almost a decade. In contrast, thousands of workers in the footwear industry in Tangerang, Banten, were laid off in the last quarter of last year. The president general of the Indonesian Footwear Association (Aprisindo) Eddy Widjanarko had already declared in November that the number of workers laid off in the footwear sector had reached 25,700. [Ribuan Pekerja of Industri Sepatu Tangerang Kena PHK ... - Tempo.co]

 

 

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wf2022148229p.jpg 18 October 2022

APICCAPS: There is no reshoring of footwear

Despite all the talk about reshoring from Asia and the approach to consumer markets, there is no indication of such a trend in the data, explains Joana Vaz Teixeira, publisher of World Footwear, an initiative of the Portuguese footwear association Apiccaps, in an interview with the @PublicationsEdm publishing group. [Data fails to show significant reshoring is underway – shoeintellignce.com]

 

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