|
||||
 |
In my last post, I wrote about the trend in Chinese consumption being significantly upwards. Some people commented on my Facebook and LinkedIn groups that they believed China’s consumer market would be much larger if it were adjusted for the exchange rate. Doris Gallan, an American who has lived in China for years, wrote: “The way [...] A recent study by the Economic Intelligence Unit indicates that Chinese consumers only make up 5% of the world’s $36.9 trillion consumption. However, we need to keep in mind that the Chinese consumers barely existed about a decade ago. The trend in Chinese consumption is significantly moving upward. Retail spending has increased steadily at 15 percent [...] China has surpassed the United States to become the world’s largest energy user, according to Paris-based International Energy Agency. As a growing Chinese middle class demands cars and homes with modern appliances, it will continue to drive up China’s energy consumption. Achieving greater energy efficiency has become a top priority of China’s leaders. According to China [...] |
|||
|
Copyright © 2010 THE CHINESE DREAM - All Rights Reserved |
||||
Read Helen's Column
Be a Fan on Facebook
Connect on LinkedIn
Follow Helen on Twitter
Popular Posts