Long known for high saving rates, China’s middle-class consumers are starting to spend like their American counterparts. Of China’s 11.4 percent growth in the gross domestic product last year, the largest segment, 4.4 percent, was in consumer spending. That sector still represents just 38 percent of China’s overall GDP, roughly half the percentage in more developed countries, but in the eyes of retailers that means more opportunity….
Meanwhile, some Chinese consumers are also adopting the biggest vice of American consumers: debt. Mesmerized by a banquet of Western-style financial products, some Chinese consumers are juggling multiple credit cards, consumer loans and installment plans to buy an ever-increasing quantity of cars, washing machines and vacations.»
Comentário: se o modelo a seguir pelos consumidores chineses fôr o norte-americano, então o futuro reserva-se muito sombrio para todo o planeta!
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