8 Aug 2016
China: Five Trends
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
There is so much noise about China and whether the Chinese economy is faltering but the numbers just keep climbing.
The Boston Consulting Group published the following five trends in China that they expect will keep the consumer boom strong and growing for the next decade.
These five trends (assuming they hold) will give business the opportunity to sell more goods and services to wealthier and younger tech-savvy consumers across a large number of cities.
Such are the economic knock on benefits of having a domestic population base of over 1 billion consumers.
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