Annual CHINACOAT Issue

As we wrap up this month’s issue, the Coatings World team is busy making the final preparations to attend CHINACOAT2014. 
CHINACOAT is an annual event alternating between Guangzhou and Shanghai. This year CHINACOAT will be held December 3-5 at the China Import and Export Fair Complex in Guangzhou. CHINACOAT has become one of the most important shows for Coatings World to attend. 

This issue has three separate features dedicated to the Chinese paint and coatings market.

Contributing writer, Dan Watson examines the current state of the Chinese economy in his article “China – Investor Chaos or Opportunity?” (pg. 47). In this article Watson examines the instability that has been part of China’s economic climate. Watson observes that “for the past couple of decades we have seen thousands of foreign companies rushing into China to make an investment, assume the risk of that investment in order to become a part of China’s future.  For some that has proven to be a wise decision while for others it didn’t turn out exactly as planned.  Today, China is the second largest economy on the globe with a lot of experts predicting that it will surpass the U.S. in the next few years.  It has enjoyed an unprecedented growth of its GDP over the past two or three decades. So, with that thought in mind, the question posed by this article is simply considering everything that is happening in the world today is China still the land of opportunity, is it still worth the assumption of country risk by future investors?”
China correspondent Arnold Wang’s  (pg. 52) article, “China Coatings Industry Speeds Up Adjustment,” takes a look at the key trends shaping the market for paint and coatings in China. According to Wang, water-based coatings will expand market share in China over the coming years.

If you are planning on attending CHINACOAT, our CHINACOAT Preview (page 54) will give you an excellent starting point for getting yourself organized.

As this issue went to press, CHINACOAT2014 currently had a total of 898 direct exhibitors, comprised of 675 from China, 45 from Hong Kong and Taiwan regions and 178 from overseas, representing 26 different countries. Overall, 974 companies will be represented. This year’s event attracted 183 new exhibitors, comprised of 149 from China, 5 from Hong Kong and Taiwan regions and 29 from overseas. 
If you plan on making the trip to Guangzhou this year  be sure to stop by our booth and say hello and pick up the latest issue of our magazine. For those that will not be able to make the journey, Coatings World will be reporting Live From the Show. Be sure to go to our website at www.coatingsworld.com to sign up for these daily e-mail updates.