Keeping you informed and staying ahead of the competition.
Saturday, 19 March 2016
Here comes the modern Chinese consumer, from China, that is .....
Despite concerns about economic growth, the country’s
consumers keep spending. Yet our latest survey reveals changes in what
they’re buying and how they’re buying it.
Cooling economic growth, a depreciating currency, and a
gyrating stock market are making political and business leaders
concerned that China’s economic dream may be ending. Yet Chinese
consumers remain upbeat. In fact, consumer confidence has been
surprisingly resilient over the past few years as salaries have
continued to rise and unemployment has stayed low.