The Development of Rubber Footwear Industry in Hong Kong and Malaysia in 1950s

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Abstract

On 9 August 1950, Hong Kong Fung Keung Rubber Factory, one of the biggest rubber footwear factories in the Colony, suddenly shut down and more than 1,500 workers were dismissed. Management explained that the price of rubber had soared due to the outbreak of the Korean War; the factory had lost the British market which was critical for its survival. Was Fung Keung’s dilemma an individual case? It seems not. In fact, the entire rubber footwear industry in Hong Kong fell on hard times during the early 1950s. Many rubber footwear factories ceased operations because of market reduction. A different story is found in Malaysia, although her enterprises also faced soaring rubber prices. There, the footwear industry not only survived but thrived. The reasons for this difference derives from differences in the development of the rubber footwear industry in Hong Kong and Malaysia during and after the Korean War.

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