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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, Men's Golf Shoe Nike Lunar Control 4 819037-001,Cheap 185315 Nike Dunk High Women Blue Pink ShoesJORDAN SUPER.FLY 3 Black/Dark Grey/Wolf Grey/Gym Red,.
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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 Shoe Nike Free Train Versatility 833258-001,Cheap 192014 Nike Dunk Low Women ShoesMen's Shoe Nike Lupinek Flyknit Low 882685-100,.
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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 Premiere Run Mens Wolf Grey/White/Cool Grey/Anthracite Running Shoes V99669,Buy 238655 Nike Lunarglide 3 Women Brown White Yellow ShoesNike Flex Run 2015 Mens Cool Grey/Bright Crimson/University Red Running Shoes V46702,.
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.
The great probability is that all of this will indeed happen. Nike Lunarestoa 2 Mens Midnight Navy/White/Black/Wolf Grey Running Shoes V65435,Inexpensive 171760 Nike Roshe Run Women Rose ShoesNike Zoom Vomero 10 Mens Wolf Grey/Dark Grey/Photo Blue/Black Running Shoes V97549,, a collapse of the global economy, domestic political upheaval — comes in the way of continued progress.
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