Forward Thinking

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China’s consumers shake the (retail) world

Posted by Oxford Economics on Feb 22, 2018 2:18:15 PM

Chinese consumer market to overtake America’s by 2034

“Let China sleep, for when she wakes, she will shake the world.” The cautionary words of Napoleon have echoed ever more powerfully as China’s economic and political power has burgeoned over recent decades.

And with the seismic impact of the world’s most populous nation set to resonate ever more strongly than ever in coming years, in few areas of life will those reverberations be felt more than in the rise of China’s consumers as a global force.

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Topics: Travel, Asia, China, Emerging markets, Consumer spending, Luxury goods, Online retail, Tourism, Healthcare services, Consumption, Retail, Household wealth, Living standards

Understanding the role of mobile technology in economic growth

Posted by Economic Impact on Mar 3, 2017 12:08:59 PM

Recent years have seen startling growth in the reach of mobile technology. Such growth has been truly ‘global’ with vast investment in mobile infrastructure, supporting increased network coverage across emerging markets in all six continents. The impact of this extends far beyond convenience and consumer choice. Mobile internet technologies are transforming product and labour markets the world over. They are helping to propel ideas, connect businesses and customers and match workers to opportunities.

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Topics: Economic impact, Technology, Global economics, Business and economic outlook, Emerging markets

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