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Based on comparison of consumer durables between China's average and Shanghai, we found that fastest growth would occur in potential markets in air-conditioner and color TV among other home appliances; and in computers, mobile phones and passenger cars. On the other hand, it is pointed out that...
Persistent link: https://www.econbiz.de/10013076083
Urbanization is the most important social-economic phenomenon in China today. Xi Jin-Ping regime would focus on urbanization for the new growth momentum on one hand and cure for social instability on the other.Urbanization rate will reach 70% until 2030 creating almost 20 million urban...
Persistent link: https://www.econbiz.de/10013076628
Unlike previous discussions on Africa that have focused on its commodities, recent focus has shifted to the potential of Africa's consumer market. Africa's remarkable economic growth and a population of 12 billion, which continues to expand in line with urbanization, has encouraged the...
Persistent link: https://www.econbiz.de/10014113827