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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 Football Cleat Nike Vapor Carbon Elite 2014 TD 631425-600,Outlet zrsmw irgxeh August Deals Nike Air Max 90 Womens Blue,Men's Nike Basketball Shoe Kyrie 2 819583-600,.
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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, Nike Air Max 2016 Womens Copa/Blue Lagoon/Vivid Purple/Black Running Shoes V48120,Authentic 170121 Asics Gelnoosa Tri 8 Men Blue Fluorescent Green Shoes,Nike Free Rn Flyknit Womens Black/White Running Shoes V32333,.
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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