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October 19, 2015
By: KERRY PIANOFORTE
Editor, Coatings World
As we put the final touches on the October issue, the Coatings World team is also busy making the final preparations to attend CHINACOAT2015 November 18-20 at the Shanghai New International Expo Center (SNIEC). This issue has several features dedicated to the Chinese paint and coatings market. China’s Economy Contributing writer, Dan Watson examines the current state of the Chinese economy in his article “China – A Maturing Economy. According to Watson “the emergence of China into the global market has been a remarkable transformation of their society. Their continued double digit growth over the past few decades has been the envy of the world. This is especially true since they have managed to keep internal inflation rates at very low levels.” He concludes by stating, “Don’t expect to see a mass exit of foreign investors from China because of their economic slowing. Businesses and countries have all become part of the future of China. China is still regarded by a number of economists as an opportunity even though they may be approaching what some regard as a ‘maturing position’.” Powder Coatings Market in China China correspondent Arnold Wang’s article, “Foreign Powder Coatings Producers Slowing New Investments in China,” takes a close look at the powder coatings market in China. According to Wang, “the powder coatings market in China is still very fragmented and composed mainly of the products of domestic small- and middle-sized powder coatings producers. But the high-end segment of the local powder coatings is still represented by the products of foreign companies, such as DuPont, AkzoNobel, Nippon Paint, Tiger and PPG. Expo and Co ference Preview Those planning on attending CHINACOAT should check out our CHINACOAT Preview. This feature will give you an excellent starting point for getting yourself organized. The gross exhibit area of CHINACOAT2015 will be approximately 70,000 square meters. According to show organizers, Sinostar International, CHINACOAT currently has 980 exhibiting companies from 31 countries/regions confirmed to showcase at the exhibition. This year also marks the 20th anniversary of CHINACOAT. If you plan on making the trip to Shanghai this year, stop by our booth, we would love to hear what you think of the show. For those that will not be able to make the trip, Coatings World will be reporting Live From the Show. Be sure to go to our website, nitesh_cw.rodpub.com to sign up for these daily e-mail updates.
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