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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, Online z6tak 4eqmah August Deals Yeezy 350 Boost Womens,Womens Shoes Nike Air Zoom Pegasus 32 Print Racer Blue/Chalk Blue/Hyper Orange,Outlet dzpe7 y33agc August Deals Yeezy 350 Boost Womens,.

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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, Shopping 226840 New Balance M1080v4 Men Silver Shoes,Womens Shoes Reebok Reebok Royal Lumina White/White/White/Reebok Royal 1,Authentic 160571 Nike Air Flightposite 1 Men Royal Blue Black 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, Shopping 190908 Nike Roshe Run Unisex Gray Green Cyan Shoes,Womens Boots UGG Bailey Button Bling Grey,Discount 212447 Air Jordan Retro 13 Women Black Cherry White 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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