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Germany joins Guangzhou Footwear Fair for 7th time

UserPost

1:34 pm
June 7, 2010


admin

Admin

posts 215

Germany has taken part in the 2010 Guangzhou International Footwear,
Leather and Industrial Equipment Exhibition for the seventh straight
year.

At a press conference during the fair, German representatives said
that although the European crisis has bogged down the European capital
market, it has also created new opportunities for Europe's established
manufacturing industries.

Desma president Mr. Freese stated that the crisis has actually helped
Germany's exports of machinery, as the depreciation of euro has allows
Germany's manufacturing industries to procure significant amounts of
technologies and equipment at lower prices and compels enterprises to
cut their costs.

Germany is represented at the fair by a national delegation.


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