We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
No More Tiers.
- Abstract
The article reports on the future of consumer demand across China's cities. It informs that the country has had the world's highest real consumption growth rates over the past 15 years, yet consumption's share of GDP is among the lowest. It informs that the latest forecasts predict GDP will grow by 4.4 percent a year on average between 2017 and 2020, and then by 3.6 percent on average over the following five years. It is reported that as the volatility in China's financial markets have made clear, there is a risk that political-economic disruptions could destabilize consumption growth.
- Subjects
CHINA; ECONOMIC forecasting; CONSUMER behavior; CONSUMERS; MARKET volatility; ECONOMIC development; CONSUMPTION (Economics); GROSS domestic product; MACRO environment (Economics)
- Publication
China Business Review, 2016, p1
- ISSN
0163-7169
- Publication type
Article