HONG KONG STILL RETAINS ROLE AS WINDOW TO CHINA FOR PAINTS AND COATINGS SECTOR
December 4th, 2013
Although Hong Kong’s paint and coatings demand is modest, and with virtually all its production facilities having moved to mainland China since the 1990s, the city remains a sales centre for hundreds of paint manufacturers, exporters and buying offices, positioned as the gateway to the Chinese market. Their fortunes vary according to product category, with water-based paints performing well, while solvent-based paints sales have been weak.“Last year was pretty bad, and this year we are working hard against it getting any worse,” said Peter Hoi-Tak Yao, ...
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