February 2005
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The China factor

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China is a major player in construction and offers lots of opportunity.

by Dongqing Zhu
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As has been widely publicized, China has been consuming a majority of construction materials during the past few years. The Chinese gross domestic product (GDP) increased 9.1 percent in 2003, reaching its highest point since 1997, which indicates the Chinese economy has entered a new high-growth period. And the country's appetite for construction materials isn't likely to abate soon. Following is an overview of the Chinese economy, as well as a close look at the Chinese waterproofing/roofing market.

Real estate industry

Photos courtesy of the China National Waterproof Building Materials Industry Association.

A...



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