What does the 40% and 60% represent? Is this the percentage of building(industry wide) going on in China right now? China Ceramics stated right in their Q1 results that only 9.7% of sales comes from Tier 1 cities.
'What is breakdown of building in Tier 1 vs Tier 2 & 3 tier 40% of building capacity tier 2 to 3 is 60% of building capacity '
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