摘要
INFLUENCED by policies suppressing the real estate market, overall sales of Chinese furniture declined in 2011. However, market demand for classical Chinese furniture, especially that made of "red wood," a category consisting five rare hardwood species, has seen robust growth. The average price for classical furniture has risen by 50 to 60 percent since last year, and prices for those of scented rosewood, red sandalwood and Dalbergia, the most sought-after "red wood," have increased as much as fourfold. Yang Bo, general manager of Yuanhengli Classical Furniture Company who has been in the business for 13 years, said this year he has witnessed the biggest cost jumps in "red wood" furniture in his entire career.
I NFLUENCED by policies suppressing the real estate market, overall sales of Chinese furniture declined in 2011. However, market demand for classical Chinese furniture, especially that made of ＂red wood,＂ a category consisting five rare hardwood species, has seen robust growth. The average price for classical furniture has risen by 50 to 60 percent since last year, and prices for those of scented rosewood, red sandal- wood and Dalbergia, the most soughtafter ＂red wood,＂ have increased as much as fourfold. Yang Bo, general manager of Yuanhengli Classical Furniture Company who has been in the business for 13 years, said this year he has witnessed the biggest cost jumps in ＂red wood＂ furniture in his entire career.
