Are the Chinese ready to be a more consumer oriented economy... or still just stuffing their mattresses ? I really don't know...
lol...
as someone married to a chinese woman....
1.) there are certain things that are genetic, women love to shop, it doesn't matter if it's for designer clothes or fat chickens.
2.) there are perhaps more shopping outlets in shanghai than anyplace i have ever visited, as my feet, and the wife have been telling me since my first visit to china in 1994.
3.) if you haven't figured out that the chinese are the largest capitalist economy in the world as measured in chinese women, you soon will...
4.) hello kitty may have been popularized in japan, but it gets made in china...
5.) Any man will tell you, there is no shortage of pretty girls in any chinese city, adorned in all manner of gucci, pierre cardin, polo, etc etc..
6.) there is no minisculearity of value too small to spend hours bargaining over...
7.) with all of this said,,, what do you think the average hard working chinese guy does with his money???
Old people still wearing Mao's factory uniform are now a rarity. Rabid consumerism already forgone conclusion, winner take all deathmatch currently underway.
Main issues being rate of appreciation of rmb compared to world currency, control of growth and exaggeration to the downside to prevent the ignorant masses from catching on that perhaps only 30 of 100 new cities of 1 million or more have already been constructed and more being constructed everyday... |
