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3Novices:Demand for white goods in world’s largest appliance market may have peaked, analysts say

Chinese demand for traditional home appliances such as washing machines, refrigerators and televisions may have peaked, say analysts, pointing to the persistently flat or negative growth of those products in the past two years as evidence.
In the 1980s and 90s, ownership of those products symbolised a decent middle class life style, something to aspire to, and the sector began to blossom. But after three decades of breakneck economic growth, most of the mainland’s affluent households have…
July 17, 2017 at 06:32AM http://ift.tt/2uphUDB
#3Novices #News #OnlineMedia #China 3Novices China

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