Consumption Boom In China
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The population of cheap Chinese labor is set to shrink, while the Chinese economies continues it's rapid growth. As demand increases while supply shrinks, this population will see pay raises. Over the last two decades, Chinese consumption as a share of incomes has fallen. This trend will reverse, and as it does, the demand from Chinese consumers will explode. An increase in consumption will increase domestic Chinese earnings and help to balance world trade. Consumption in China will draw in manufacture goods and services from abroad. …
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SWOT Opportunity: Consumption Boom In China
The population of cheap Chinese labor is set to shrink, while the Chinese economies continues it's rapid growth. As demand increases while supply shrinks, this population will see pay raises. Over the last two decades, Chinese consumption as a share of incomes has fallen. This trend will reverse, and as it does, the demand from Chinese consumers will explode. An increase in consumption will increase domestic Chinese earnings and help to balance world trade. Consumption in China will draw in manufacture goods and services from abroad.
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