Forward Thinking

Latest news and innovations from Oxford Economics

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.

Read More

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

Recent Posts

Subscribe to Email Updates

Posts by Topic

see all