Jan 27, 2011
Friday, January 28, 2011
Times Have Changed: No More “China Produces and America Consumes"
AForbes.com
Jan 27, 2011
According to the Forbes.com article written by Helen Wang, the chinese middle class is greater than the entire population of the United States and it is expected to reach 800 million in fifteen years. In a recent Credit Suisse report, it predicts China’s consumer market will reach $16 trillion by 2020, overtaking the United States as the world’s largest consumer market in the world.
Jan 27, 2011
Labels:
Asia,
BRIC,
China,
United States
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