【正文】 between New Delhi and Beijing over trade, after a highprofile dispute over an Indian ban on Chinese made toys. Not only India, increased protectionism in the US and the EU, where most of Guangdong’s toys have been exported, Russia, Mexico, Brazil and Argentina have for the time being introduced antidumping measures against toy imports from China, citing various excuses, according to Li Zhuoming, deputy chairman of the Guangdong Toy Association. Actually, starting from 2020, Chinese toy manufactures had felt the pinch from diverseedged pressures. “We have worries every year. We worried about the short supply of workers last year and now we are concerned about the foreign market shrinking due to trade protectionism in many western countries,” Lin Ruorong, owner of a toy factory in the city of Zhongshan said. His factory manufactures stuffed toys for export to Europe and the United States. “The US’s toy imports from China have been decreasing over the past couple of years and the European Union has raised its market threshold for China’s toy products,” he said. “That means my business is hardly able to survive.” What was worse, Li said, was that the price rise of raw materials and the rise in workers’ wage would further narrow profit. There is consensus that tapping into domestic market and resort to innovation of the whole industry is the only way out. To China’s delight, many toy manufacturers in Shantou, Guangdong province have successfully upgraded their products and even thrive during the international financial crisis. Footwear, price advantage encounters challenges Chinese leather shoes are for long time the victim of EU antidumping sanctions, and the relevant barriers take place frequently. On October 7, 2020, the European Union on Chinese shoes antidumping sanctions on Chinese leather shoes originating in the introduction of the product for a period of 2 years of percent antidumping duties, despite MOFCOM spokesman Chong Quan said that there was no dumping in export of Chinese shoes, and the exported shoes did not cause essential damage to EU industry. It is remarkably discrimination to refuse recognizing the economic status and legal basis of all Chinese enterprises who responded to the antidumping case and decided to implement “all others rate” to all involved enterprises. At the same time, Pakistan, Peru, Venezuela, Canada and other countries also have been on China’s footwear has taken antidumping measures. Right now, Chinese shoes manufacturers are facing severe challenges to its traditional price advantage in the international market. The first is the rising costs squeezing corporate profits. During the year 2020, with the rising international oil prices, plastic raw materials prices also rose sharply. According to the plastic monthly report, from May 26 to May 30 week period in 2020, the prices of plastic raw materials market as a whole rose up t