CHINA PAINT INDUSTRY FEATURE AUTOMOBILE PAINTS USA CONSTRUCTION GROWTH
March 1st, 2006
BY JANE MOIR, in Hong Kong
CONSTRUCTION is on the up, people are eagerly buying homes, cars are being churned out at a rapid pace and the 2008 Beijing Olympics are just around the corner. The demand for paint and coatings in China should never have been better. Yet not everyone in the industry is celebrating.
A look behind recent growth figures suggests that local players may be feeling the squeeze as foreign competitors gain a stronger foothold in the world's fastest-growing economy. China isn't just a cheap place to manufacture paint. Through joint ventures ...
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