Dutch firm finds sweet spot despite property restrictions

Global paints and coatings company AkzoNobel said it expects its business growth in the Chinese market to "maintain the current momentum" in the coming years, despite concerns that tightening housing policy could deal a blow to the industry.

China is one of the most important markets for the Netherlands-headquartered company, Lin Liangqi, president of AkzoNobel China, said.

China accounts for approximately 12 percent of its total revenue each year.