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 estimate for the average salary increase in 2018 is 6.6%
BlackRock says the global economy has "room to run" next year even as inflation...
Fitch Ratings upgrades the Philippines' sovereign credit rating to BBB
Non-farm payrolls in the US increased by 228,000 in November, much higher than...