Some foreign manufacturers are shifting attention to smart household technologies to cater to China’s increasingly wealthy and health-conscious consumer market. Photo: EPA

US trade war pushing foreign lighting companies to shift focus of China production to serve domestic market

  • Lighting producers are targeting an increasingly wealthy and educated Chinese population with value-added products such as Bluetooth enabled appliances
  • Next driver of consumption in world's second largest economy will be services and leisure experiences, says researcher TS Lombard
Topic |   China economy

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Some foreign manufacturers are shifting attention to smart household technologies to cater to China’s increasingly wealthy and health-conscious consumer market. Photo: EPA
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China’s industrial production, a measure of growth in sectors such as manufacturing, mining and utilities, expanded by 4.7 per cent cent last month, down from 5.8 per cent in September. Photo: Bloomberg

China’s economic slump continues as manufacturing growth slows sharply, investment growth hits 20-year low

  • Industrial production grew by 4.7 per cent in October, down from 5.8 per cent in September, and below analysts’ forecasts
  • Retail sales and fixed asset investment growth also declined in October, as pressure builds on Beijing to arrest the downturn in the economy
Topic |   China economy

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China’s industrial production, a measure of growth in sectors such as manufacturing, mining and utilities, expanded by 4.7 per cent cent last month, down from 5.8 per cent in September. Photo: Bloomberg
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