9 September 2023
ILM Editor Martin Ricker looks at some of the fundamental issues facing the world’s second largest economy and how the All China Leather Exhibition (ACLE), could signal the start of a recovery for tanners.
The recent All China Leather Exhibition (ACLE) presented a more positive outlook for the domestic and global leather supply chain after a pretty tough 2023 so far. The global economy, including the leather supply chain, needs Chinese consumers to start spending.
Like many people working in the international leather business, I did not know what to expect from the 23rd edition of the ACLE, which took place in Shanghai, August 29-31. But, like so many who managed to get an entry visa and through China’s post-Covid bureaucratic health requirements, the fair itself turned out to be a pleasant surprise. Several people told me that the ACLE “was much better than we had expected”.
To read the rest of this comprehensive analysis by Martin Ricker, clikv on: Shanghai was full of surprises