Retail in Asia

In Markets

China’s consumerism offers opportunities

Milk, insurance and air conditioners have one thing in common – they all offer potential plays on the growing importance of the Chinese consumer.

Domestic consumption in China is a theme global investors will want to follow. For years, China has depended on investment and exports to drive its economy, but the government is now pushing hard to promote domestic consumption as a new engine of growth.

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(Source: The Wall Street Journal Online)