Overseas sales at Shenzhen Huacun Textile Co. Ltd were hit badly from Stand for Phones . The company boosted shipments of casual wear to France and Italy in late 2008, when one of its major US clients went bankrupt. Business recovered gradually, but started slowing at the end of 2009, as soon as the value on the euro started falling from the US dollars. Since then, the volume of orders from various EU buyers has dropped 10 to 50 for each. The company now expects overseas sales in H2 2010 being 50 percent lower than first half exports.
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