Chinese lighting products dominate Myanmar market ( 2003-10-07 14:51) (Xinhua)
Lighting products made in China have dominated Myanmar's local market when
sales of such common household items have now become very competitive in the
country, the local Myanmar Times reported.
Quoting a lighting manufacturing company, the report said the Chinese
lighting products, imported through border trade, are charged only a nominal sum
in sales tax and duty, thus bringing about a flood of cheap Chinese products on
the Myanmar market.
Meanwhile, local manufactures have to pay higher amount of sale tax and duty,
thereby increasing costs and making it difficult to compete with Chinese
imports.
According to a market survey, the Chinese products are of good quality with
reasonable price, suiting Myanmar people's consumption as in a developing
nation.
The survey also indicates that Myanmar people are also keen on using other
Chinese products such as daily necessities and capital goods for their cheap
price and good quality.
Myanmar official statistics show that the country's bilateral trade with
China amounted to 840.98 million US dollars in 2002, standing as the second
after Thailand in Myanmar's foreign trade and accounting for 16 percent of the
total.
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