Haier Incubating Entrepreneurs in a Chinese Giant 2018
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In a research note, we discussed that while the global market for refrigeration solutions is showing moderate but stabilizing growth, the Chinese domestic market is projected to expand at a healthy rate and create significant opportunities for international companies. China’s domestic market for refrigeration solutions is now estimated at about USD 64 billion, according to a recent report by Technavio. This market is poised to expand at a healthy rate in the next five years, reaching USD 90 billion by 2022.