China Discovers Home Improvement
"Home improvement" has arrived in China -- and with it, a potential shopping revolution. As with so many opportunities in the world's most populous country, the market promises to be huge. B&Q, part of Britain's Kingfisher retailing group, estimates that one-tenth of China's 400m households have "western" levels of disposable income, with $1,000 or more a year to spend on home improvements. That number is increasing rapidly."
Thanks to Nathan Banks