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By the Numbers.(Periscope; DEPARTMENTS)(Brief article)
Chinese Consumer Spending Growth
China is heading for another global milestone. This year, the increase in China's consumer spending is expected to outpace growth in the U.S., the Eurozone and Japan combined, in both percentage terms and total dollars, for the first time.
10.8 Projected percentage growth in Chinese consumer spending in 2008, compared with projections of less than 1 percent in the U.S., the Eurozone and Japan.
$333 billion, the projected total dollar increase in China's consumer spending in 2008, compared with an ...
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