NOTE: There will be no news updates on June 14 due to China's Dragon Boat Festival.
UTC+8 ( BJT)

China’s Q1 white goods output up on robust exports


China’s production of the four major home appliances increased significantly in the first quarter of this year, given the low bases in the same period last year, as well as their sustained strong export business. But dampening the manufacturers’ mood was the rise in raw materials and other input costs, Mysteel Global noted.
During January-March, production of air-conditioners, the largest contributor to the home appliance numbers, surged by 49.8% on year to 56 million units, according to data from China’s Bureau of Statistics (NBS), and in March alone, the output also increased 32% to 25.9 million units. Production of the other key white


To read the full article take a free 7-day trial to Mysteel Global

+65 6653 8227