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US housing boom spurs Asia shipments

US imports of furniture, building materials from Asia up 6.3% in Jan-April

Roaring trade: The global container fleet has increased 6%, says AP Moeller-Maersk. - PHOTO: AFP

[TOKYO] Thanks to the US housing boom, Asian manufacturers are shipping the most furniture and building materials by containers in seven years. US imports of furniture and building materials from Asia, destined for retailers such as Wal-Mart Stores and Target, rose 6.3 per cent in the first four