Global market sHift to Asia lockeTd into future supply

摘要

Although global markets remain languid, they are improving. North America in particular appears to be in the throes of recovery, though sustained improvement from Western Europe seems a way off yet. All eyes remain turned to China as it is from there demand growth will be driven. Consistent with its stage of development, the Chinese economy is switching focus towards domestic consumption. As the population improves its average living standards, its consumption is rising. This will impact all grades of paper and paperboard and is a major reason why so many companies are expanding production in China and Asia more generally.