China's policy on processing trade of hides & skins
09 Aug '07
2 min read
According to these two documents, this partial policy reversal was made “in an effort to maintain the highly developed industry relations between the upstream and downstream chains of the leather industry.”
The new policy took effect on September 15, 2006 and will remain in effect on December 31, 2008. Industry sources welcome the loosening of the regulations and suggest that imports of U.S. hides and skins will continue to grow in the near future.