Brazil's shoe exports fell almost in half by weight from 2004 to 2009, or 22 percent by dollar value. Over the same time, Brazil's footwear imports from China more than doubled through last year, when anti-dumping measures kicked in. The government has also slapped tariffs on goods ranging from tires to drillbits.
The town bled jobs in recent yearswholesale Cincinnati Reds Hats , as Chinese companies lured away Brazilian workers to jump-start the sector abroad. The town of Dongguan in southeastern China has drawn so many Brazilians it now reportedly has at least two churrascarias, the gut-busting, all-you-can eat barbecue places so favored in Brazil's south.
Shoes are so basic to the city of Novo Hamburgo that even a waitress, on hearing mention of China, immediately brings up the footwear industry. The town bills itself as Brazil's shoe capital, with the motto painted on overpasses and sprinkled on city literature. About 70% of the city budget derives, directly or indirectly, from shoes, the mayor saysdiscount Cincinnati Reds Hats.
Yet the commodities gains have not come without cost.
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