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Signify Sees the Light in China as GE, Feit Fade

China 2157 Industrials - Capital Goods 349 Tariffs 1484 U.S. 3918

Chinese lighting manufacturers may start to focus more on production for the domestic market due to increased Chinese customer purchasing power and the ongoing trade war with the U.S. Yet, U.S. seaborne imports of lighting equipment from China still managed to rise by 2.4% year over year in 3Q despite the imposition of tariffs, outstripping imports from Germany, Mexico and Japan. Chinese suppliers with diversified U.S. customer bases have done better. Foshan Electric saw a 21.8% year over year surge in shipments in the three months to Oct. 31 with a customer base diversified across Feit ...

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