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China Leads World in Toilet Sales

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THE CHINA PORCELAINDROME
DailyFeed
China's housing boom has created the world's most competitive market for...windows?

No.

Roofing materials?

Uh-uh.

Toilets.

China boasts the world's largest toilet market, with almost 19 million sold annually.

Why?

The Chinese, who used to have to share communal restrooms, are now flush with new wealth and are eager to spend it on sh--ters of their very own.

"Today, Chinese people like to focus on the kitchen and the bathroom in their new apartments," says Dong Yu, who was shopping for toilets with his wife. "It's a big difference from when I was a kid. We had to share public bathrooms, which only had squat toilets."

Larry Yuen, president of Kohler Asia, says, "China is the most competitive market in the world. There are brands from Japan, Europe and America all fighting for market share."

Smells like opportunity.
POSITION:  No positions in stocks mentioned.
TAGS:  CHINA, TOILETS, YUAN A HOT TIP?    SOURCE:   UPI

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