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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 Training Shoe Nike Free Trainer 1.0 807436-003,Cheap weurv ihxwe4 August Deals Nike Air Max 95 Womens,NIKE AIR MAX 2015 White/Black/Volt,.
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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, Adidas Gymbreaker Bounce Trainer Womens Collegiate Navy/Mineral Blue/Shock Pink Training Shoes V4568,Outlet zgqnv 6kcb3u August Deals Nike Air Max 2016 Womens,Nike Air Zoom Pegasus 32 Flash Womens Noble Purple/Vivid Purple/Copa/Reflective Silver Running Shoes,.
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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, Womens Shoes Badgley Mischka Jossie Platino Diamond Drill,Authentic 194473 Nike Air Max Men Light Grey Black Shoes,Womens Shoes C Label Liberty-8B Old Gold,.
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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