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Assume that the share of consumption in GDP rises to a somewhat less abnormal 50 per cent by 2027. Assume, too, Christian Louboutin Sale Women Coupon_511,Cheap uikmg c99a8w August Deals Nike Air Max 90 Mens Black,Giuseppe Zanotti Sale Women Coupon_665,.
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By 2027, 22 per cent of the Chinese population (324m people) will be over 60. This demographic shift is sure to create significant new markets for goods and services targeted at the elderly. Meanwhile, Men's Running Shoe Nike Free 3.0 Flyknit 718418-008,Online uq2q8 a4hv5s August Deals Nike Air Max 90 Womens Black,Men's Shoe Jordan Eclipse Chukka 881453-015,.
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The plausible assumption, however, is that over the next decade a mass consumer society will emerge in China. This will begin to approach that of the US in scale, even though the average living standard will remain well below that level. Moreover, Women's Nike Core Motion TR 2 Mesh Ocean Fog/Blue Grey/White/Metallic Platinum UK#N5-9508,Cheap 151098 Air Jordan 5 Retro Men White Grey Jade Shoes,Antony Morato Boxer Short CP399,.
A vast middle class of people with an income affording more than the basic essentials of existence, will also emerge. These consumers will be not only be more demanding, but will seek goods and services that enrich their lives.
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