Mexico keeps tariffs against China shoes
globalshoes.net 2008-03-03
According to CICEG, the shoe industry's trade association, there are about 80,000 employees in 2,800 factories in the state's shoe sector and in small towns such as San Francisco del Rincon.
Top officials with Mexico's Ministry of Economy say open markets in shoes and other products will eventually benefit Mexican consumers by lowering prices. Critics say that multinational companies such as Wal-Mart, now Mexico's largest private-sector employer, will reap most of the profits.
(Du Tingting)
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