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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, Nike Nike Flyknit Racer Men Black,Authentic & Low Price Timberland Deering Green Item:202067Nike Sportswear Current Slip On BR Men Grey,.
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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, Men's Nike Elite Coaches (NFL Seahawks) - Polo EM931634h,Buy Nike Free 3.0 V5 Men's Shoes (Black/Green) Australia OnlineMen's TW Storm-FIT Vapor - Golf Jacket ND120232l,.
China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Men's Nike Stadium Dri-FIT Touch Pullover (NFL Texans) - Hoodie MD364217g,Buy Nike Free 3.0 V6 Flyknit Men's Shoes (Red/Black) Australia OnlineMen's Hurley Fusion 101 Jacket - Wetsuit CF804067w,.
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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, Unisex Nike SB Zoom Stefan Janoski Canvas Premium 'Geoff McFetridge' - Skateboarding Shoe TW740086v,Cheap Nike Free Run+3 Men's Shoes (Orange/Silver) Australia OnlineCheap Air Jordans 32 XXXII Triple Black Sale,.
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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