Shifting market: From west to east?
Local news encouraged furniture exports to China in a big way. The Chinese furniture market potential is not trivial. China®s domestic furniture consumption has grown double-digit on a yearly basis and in 2010, the consumption was equivalent to the US domestic market. Malaysia®s furniture export to China increased from RM40.9mil in 2009 to RM50.2mil in 2010, a growth of 23% within a year. In turn, with 7 billionsone fifth of the world®s population, China®s annual GDP growth rate has reached a double- digit in recent years while many developed countries are struggling with various economic problems. The shift from western to eastern market seems unavoidable.
Main Authors: | , , , , |
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Format: | article biblioteca |
Language: | eng |
Subjects: | K10 - Production forestière, E71 - Commerce international, E21 - Agro-industrie, industrie du bois, meuble, produit forestier, commerce international, exportation, marché intérieur, consommation, http://aims.fao.org/aos/agrovoc/c_8426, http://aims.fao.org/aos/agrovoc/c_3152, http://aims.fao.org/aos/agrovoc/c_3049, http://aims.fao.org/aos/agrovoc/c_3919, http://aims.fao.org/aos/agrovoc/c_2761, http://aims.fao.org/aos/agrovoc/c_28667, http://aims.fao.org/aos/agrovoc/c_1827, http://aims.fao.org/aos/agrovoc/c_4533, http://aims.fao.org/aos/agrovoc/c_1556, |
Online Access: | http://agritrop.cirad.fr/570386/ http://agritrop.cirad.fr/570386/1/document_570386.pdf |
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Summary: | Local news encouraged furniture exports to China in a big way. The Chinese furniture market potential is not trivial. China®s domestic furniture consumption has grown double-digit on a yearly basis and in 2010, the consumption was equivalent to the US domestic market. Malaysia®s furniture export to China increased from RM40.9mil in 2009 to RM50.2mil in 2010, a growth of 23% within a year. In turn, with 7 billionsone fifth of the world®s population, China®s annual GDP growth rate has reached a double- digit in recent years while many developed countries are struggling with various economic problems. The shift from western to eastern market seems unavoidable. |
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