Sentences with phrase «chinese middle class»

The rising Chinese middle class, which, according to the author, «has relatively few asset classes to invest in», could decide to buy bitcoins, pushing its price upwards.
A burgeoning and increasingly prosperous Chinese middle class has prompted the move, with more Chinese travelling abroad than ever before.
Plus it is a really nice way to profit from fast growing discretionary Income of southeast chinese middle class at a cheap price.
And the Chinese middle class has adopted another American habit: living in the suburbs and relying on a car to commute, whether it be in «Orange County» outside Beijing or similar suburbs on the outskirts of every other major city.
Food contamination scandals and environmental issues have changed food purchasing habits of the rising Chinese middle class, which perceives imported foods to be safer than the domestic food supply.
Food contamination scandals and environmental issues have changed food buying habits of the rising Chinese middle class, which perceives imported food to be safer than the domestic food supply.
However, in «The Chinese Middle Class: 110 Million Is Not Enough» (Nov. 2007 Insight), we explained that China was not yet far enough along the road to industrialization to have a big enough middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predicting.
Today, the richer Chinese middle class is made up of big spenders, both home and abroad, and a weaker renminbi translates to weaker purchasing power for them.
With no boots on the ground in mainland China, it would be difficult for me to determine whether or not the Chinese middle class speculators have learned their lesson just yet, but my gut tells me that the answer is no.
More than 60 countries have now successfully negotiated what is known as Approved Destination Status (ADS) from Beijing, putting them on the list of group travel destinations for the increasingly affluent Chinese middle class.
We have long pounded the table on the importance of the Chinese middle class.
While Starbucks coffee can be an everyday indulgence for urbanites in the West, with a price tag of 30 yuan (US$ 4.43) for a medium latte in Shanghai, it is still a brand with plenty of snob appeal — a status symbol for the emerging Chinese middle class and a «liquid luxury» for an average worker.
China's rising wages may be making production more expensive, but decades of supplying the West with manufactured goods has also nurtured a Chinese middle class that wants to buy those baubles for itself.
«Chinese companies are still trying to answer the question of «How are we going to satisfy the demands of the growing Chinese middle class when they want more consumer names and products that are coming from the West?»»
Wines of Australia attributed this «exceptional» growth to the China - Australia Free Trade Agreement, as well as the rising interest in wine among the growing Chinese middle classes, who are drinking imported wine more frequently.

Not exact matches

Richmond attributes the surge in trans - Pacific air travel to continued growth of the Chinese economy and middle class.
The company created a huge marketplace and a sophisticated distribution network just in time to serve a generation of Chinese consumers attaining middle - class prosperity.
The problem is simple — for all the hype around China's emerging middle class, Chinese shoppers contribute very little to the country's fortunes.
The country's growing middle class and young demographic mean more Chinese travelers are going abroad, according to Blecharczyk
Given how the state had spent time building up a new middle class,» [a] ny deviation from the mainstream, or irony, is seen as a threat to the credibility and legitimacy of the [Chinese Communist] Party in bringing [an] idealized way of life to reality,» Arsene told CNBC in an email.
With an increasingly affluent and growing middle class, the Chinese are now more willing to spend on experiences and are back in the luxury market.
Financial technology firm MarketX lets upper - middle class and institution Chinese investors to invest in tech firms that have not yet issued shares to the general public.
An HSBC report released last year predicted more than 500 million Chinese will join the middle class by 2030.
And as the middle class expands from 100 million to an estimated 400 million by 2020, the global market in Chinese tourism will explode.
The difference is that the Chinese market — and middle class — is growing much faster and some investors see Alibaba as a proxy for that growth.
A growing middle class means Chinese consumer spending is surging too — it's set to increase 55 percent between 2015 and 2020 to US$ 6.5 trillion, according to Boston Consulting Group.
The staggering growth in China's middle class, the current Chinese political environment, the Chinese investor's penchant to speculate, and Vancouver's reputation as among the most liveable cities in the world have contributed to these rising prices.
Just as importantly, lower growth will not create social disturbance because Chinese households, especially the poor and middle classes, will keep a larger share of that growth.
First, substantial direct or indirect wealth transfers from the state sector to Chinese households will unleash a surge in household consumption as household income rises (and because the interest on bank deposits is an important source of income for most middle and lower middle class households, if the authorities reduce interest rates, as struggling borrowers are demanding, China actually moves in the wrong direction).
The company has in recent years been aggressively courting foreign brands to set up Tmall stores to sell to China's vast and growing middle class by offering to smoothen out Chinese sales, payment and shipping processes.
As the Chinese and Indian middle classes continue to grow, there are large opportunities for Southwestern Ontario's agri - food producers as the region has an abundant supply of class - one farmland.
There was a one week period in mid-july, coinciding perfectly with the peak of the Shanghai Composite, that middle class Chinese people opened up more than half a million brokerage accounts.
People continue to have babies — Chinese couples even more so now that the one - child policy has been lifted — and the global middle class is swelling rapidly.
Wealthy Chinese property hunters spent a total of $ 22.6 billion on Australian property over the past 7 years, and many first - time buyers and middle - class locals are feeling the heat in... Per saperne di più >
In the long run the Chinese economy will continue to grow and millions of Chinese citizens will urbanize and become middle - class consumers.
The Chinese market is the second largest in the world, and the country's growing middle class ensures that firms with market access could strike gold.
Any real estate agent who wants to work with upper middle class or high net worth Chinese buyers should study her life story.
While Chinese companies are eager to secure global resources, US companies are also looking to gain a foothold in the huge Chinese market with its growing middle class.
Chinese policymakers want to resurrect their reformist image among domestic intellectuals and the middle class by yielding more power to market forces to determine its currency exchange rate, which offers some compensation for July's aggressive, command - and - control intervention in the A-Share market.
November 23, 2016 www.business.financialpost.com Rotman Professor Wendy Dobson, with Kevin Lynch, on the untapped potential of Chinese markets: «The untapped potential of Chinese markets and their burgeoning middle class offer tremendous scope and scale for export sales of both goods and services, creating new Canadian jobs and attracting additional investment.»
Determined to enjoy (but not too much) the fruits of their labors, the growing middle class of Dutch burghers, merchants, traders and manufacturers filled their tidy town - houses with art that celebrated their personal dignity and accomplishments, the humid sweep of their lowland countryside, and the miraculous bounty of Indonesian spices, Chinese porcelains, tropical fruits, Persian carpets, Venetian glass and other luxuries made available through the expertise of their merchant fleets.
SPC's products will be pitched at China's growing middle class and well - known Chinese celebrity, Ye Yiqian, has already been started work as a brand ambassador.
«The Chinese middle - class population has grown dramatically and will continue to grow.
February 27, 2017, 9:55 am Undercurrent News Louis Harkell Chinese demand for New Zealand rock lobster has driven up prices by almost four-fold in a little over ten years, in a testament to Chinese middle - class» buying...
It is critical for Australian exporters to understand both the opportunities and challenges as competition is fierce with more than 25 + power countries from around the globe wanting a slice of the Chinese «middle class» consumer.
Working with Cargill signals that Memphis is firmly aiming for commercially sustainable production: a product that is affordable to the growing Chinese and Indian middle classes.
There was no talk of postpartum mood disorders in the middle - class Singaporean Chinese mothers» groups in which I found myself.
We will once again have access to the enormous Chinese market, with a strong and growing middle class, which had been closed to our ranchers for a long, long time. . .
The Chinese workforce is aging, and the consumer demand in China's middle class is growing.
Chinese academics do not typically earn enough to support a middle - class lifestyle and must moonlight.
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