Actively seeking a way out of China’s fur industry
By the U.S. subprime mortgage crisis triggered by the financial crisis has developed into the world, from the financial sector spread into the real economy, leading to the world economy clearly slowing, but also to bring substantial economic impact on China’s foreign trade, which directly affects the development of China’s fur industry . For example, two years ago, the public import of 370 yuan per mink, now 200. Imported blue fox RMB 850 for each two years ago, is now 600. Raccoon Paper 400 RMB each two years ago, is now 200. Good beaver rabbit skin RMB 80 for each two years ago, is now 50. Thus, fur prices since the financial crisis has generally declined substantially, the price reductions of 30% ~ 50%.
Foreign trade situation is grim, according to customs statistics, in 2005 the development of China’s fur industry in its heyday, when China’s fur