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What, then, will be the features of this growing consumer market? A Hot Cakes - Nike Zoom Hyperrev Light Retro Bright Citrus Gym Blue Mens 8.5 8 1/2 - EXC cond, delineates its main drivers and the challenges these are likely to create.
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, Keen Kids Walking Boots Blue,Low-cost direct - NIKE 2004 AIR JORDAN XIII BLACK TRUE RED OG DS SZ 11.5 309259 061 YEEZY,Msl Mens Casual Shoes Black,.
China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Nike Mens Shoes White Red Black,Low-cost direct - Nike Zoom Kynsi JCRD WP Size UK 10 (EUR 45) 806973 001,Nike Mens Shoes White Pink,.
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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, Men's/Women's Nike Air VaporMax Flyknit Bred Black/Team Red/Midnight Frog/Gym Red Shoes 849558-013,Nike Free 5.0 2015 White/Black Mens Sneakers G56851,Men's/Women's Nike Free 5.0 V2 Shoes Light Gray/Yellow,.
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. Men's/Women's Nike Zoom All Out Low Running Shoes Grey/White,Adidas Originals ZX Flux Geo Trainer,Women's Adidas Climacool Revolution Running Shoes Grey/Peach,, a collapse of the global economy, domestic political upheaval — comes in the way of continued progress.
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