Sino-US Furniture Trade Problem In Sino-US Trade Friction
- Oct 29, 2018 -

In the global furniture production, the developed countries still play the most important role, especially the traditional furniture powers such as Italy and Germany. They either take advantage of the design or take advantage of the processing equipment and technology to firmly occupy the international The high-end market for furniture. Although the furniture industry in major industrialized countries still maintains certain advantages, its industry is constantly shifting to developing countries and regions; the furniture industry of major industrialized countries has higher added value, but it is losing because of its high cost. In the market of low-end and mid-end products, developed countries such as the United States and Germany, which have high demand for medium and low-end products, have experienced a clear trade deficit; developing countries, especially China, have become rookies in the international furniture industry. Asia has become an important production area of ??the international furniture industry. The international furniture industry has shown a three-pronged trend in Europe, Asia and the Americas. Among them, the stagnation or decline of Europe and America and the development and rise of Asia are the most remarkable phenomena.

In the post-financial crisis era, furniture as a daily necessities of the people not only has a rigid demand constraint; as long as the economy recovers, the strong desire of the people to improve their quality of life will expose the other side of the rise in elastic demand. With the gradual recovery of the global economy, the international furniture industry is bound to usher in new developments.

In the global furniture production, the developed countries still play the most important role, especially the traditional furniture powers such as Italy and Germany. They either take advantage of the design or take advantage of the processing equipment and technology to firmly occupy the international The high-end market for furniture. Although the furniture industry in major industrialized countries still maintains certain advantages, its industry is constantly shifting to developing countries and regions; the furniture industry of major industrialized countries has higher added value, but it is losing because of its high cost. In the market of low-end and mid-end products, developed countries such as the United States and Germany, which have high demand for medium and low-end products, have experienced a clear trade deficit; developing countries, especially China, have become rookies in the international furniture industry. Asia has become an important production area of ??the international furniture industry. The international furniture industry has shown a three-pronged trend in Europe, Asia and the Americas. Among them, the stagnation or decline of Europe and America and the development and rise of Asia are the most remarkable phenomena.

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In the post-financial crisis era, furniture as a daily necessities of the people not only has a rigid demand constraint; as long as the economy recovers, the strong desire of the people to improve their quality of life will expose the other side of the rise in elastic demand. With the gradual recovery of the global economy, the international furniture industry is bound to usher in new developments.


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