RISK MANAGEMENT

Double-clicking on the Chinese consumer

According to McKinsey's latest report Double-clicking on the Chinese consumer based on a survey of 10,000 Chinese consumers across 44 cities and seven rural towns and villages, consumer confidence is at a 10-year high.
 
In addition, Chinese consumers are into health and fitness while the post-90s generation is emerging as a new engine of consumption. Consumers are also getting more savvy when it comes to choosing brands. 

Related Articles

The debt of households and non-financial firms will stay above 100% of GDP in...
Central bank expects exports to benefit from global growth this year
Among the likely increases are in the goods-and-services tax and personal...
At least not yet. According to most analysts, the risk that inflation in the US...