Comments on: A shoe, a song and the promise of the West http://blogs.reuters.com/globalinvesting/2011/12/16/a-shoe-a-song-and-western-promise/ Insights behind the investment headlines Wed, 16 Nov 2016 21:43:49 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: China-is-big http://blogs.reuters.com/globalinvesting/2011/12/16/a-shoe-a-song-and-western-promise/comment-page-1/#comment-17655 Wed, 11 Jul 2012 03:25:54 +0000 http://blogs.reuters.com/globalinvesting/?p=4855#comment-17655 Shoes, that’s interesting. It’s one of the booming industries for internal consumption in China. The Chinese shoes, once super cheap and sold at every corner in China Towns around the world, is now shifting from being an export good to a fine product for local consumers, who are getting pickier than ever. The pace of change encompasses manufacturing and design functions as well, because after years of Western shoe companies coming around and setting up sweatshops in southern China, the locals have smarten up and stole all the tricks(and bought the machinery) of the trade. Wanna see an example? Just go on Taobao.

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