Guest Column
The rise of the Chinese consumer
- Published 22 Apr 2010
Agnes Deng, head of Hong Kong China Equity at Barings Asset Management, is optimistic about the growing power of the Chinese consumer.
The economic success China has achieved since embracing Deng Xiaoping's "socialism with Chinese characteristics" are well known, but perhaps the greatest change has been social. With rising disposable income has come an appetite for consumer goods and the opportunity to travel, sometimes for the first time.
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