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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, Nike Pro Hyperwarm Limitless,Womens Boots Clarks Kelbrook Azizi Taupe Leather,Nike Legendary Fabric Twist Tight,.
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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, Authentic 244722 Air Jordan1 Retro Men Gold Tour Yellow White Grape Shoes,Womens Boots Cole Haan Miriam Tall Boot Black/Black Patent,Inexpensive 158895 New Balance Classics Ml402 Men Light Blue Shoes,.
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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