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Technology Stocks : C-Cube
CUBE 36.29+0.7%3:59 PM EST

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To: VINTHO who wrote (22461)9/11/1997 8:04:00 PM
From: John Rieman   of 50808
 
Chinese consumer demand for units is up from last year's strong pace. Revenues are flat in the avergae industry, price cuts....................

chinesebusinessworld.com.

2. China's Consumer Goods Market to Go up Steadily

According to China Economic Information, China's consumer goods market is expected to go up steadily in the second half of this year, according to analysis of related departments. It is predicted that the total retail sales volume for the whole year will reach 2,910 billion yuan, up 18 percent over last year. After deducting the factor of prices, the real growth may top 13 percent, which will be on par with last year. The garments market is expected to face fiercer competition as regional demand for name brands and garments for professional women and leisure clothing grow hotter. The consumption of detergents and cosmetics will remain strong while the sales of modern office products may also go up. (Source: China Economic Information, 09/03/97)
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