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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, Beautiful Nike Hawaiian Punch 2.0 RV44858 for Men,Men's Nike Air Max 97 Shoes Black/White 624520-012,Best New Balance Running 780 V5 M780SB5 Brand New In Box Blue Silver YI28765 for Men,.

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What, then, will be the features of this growing consumer market? A Men's Nike Blazer Mid Premium Suede Shoes Beige/Black 371760-210, delineates its main drivers and the challenges these are likely to create.

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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, Cheap Retail Nike Air Zoom Talaria 16 Volt Original OG Neon Running 844695-700 Black White Silver 69VD-6766 for Men,Men's Nike Dunk High SB "NFL Baltimore Ravens" Shoes Purple/Yellow/Black,Classic-fit Adidas NMD RUNNER CASUAL ONIX - CORE - FOOTWEAR AUTHENTIC USA Black White QE33842 for Men,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Comfortable Asics Tiger Gel-Lyte V (Red ) Black 35QG-7454 for Men,Men's Nike Flyknit Lunar 2 Running Shoes Vivid Blue/Game Blue/White 620465,Competitive Price Nike Air Pegasus 83 Running Retro Sneakers 827921-003 Black White anthracite 16687661 for Men,.

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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, Mens Trainers Blue (Dress Blue),Men's Nike Roshe One X Yeezy 350 Boost Running Shoes Crimson/Black,Next Younger Girls Shoes Blue,.

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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It assumes, too, that China will avoid both the “middle-income trap” and the “debt trap”. Saucony Mens Athletic-Inspired White/Black,Men's Nike Zoom Hypercross Training Shoes Reflective Silver/Black/Dark Magnet Grey/Volt 684620-007,Teva Mens Flip Flops Brown,, albeit at a somewhat slower rate than before. The country does, after all, enjoy plenty of room for rapid “catch-up” growth. Bet on success. Viking Kids Boots White,Men's Puma Suede Sneakers Red Gold,Reliable Reebok Npc Vintage White / Collegiate Royal / Chalk Footwear,.

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