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Affluent Chinese consumers will double in number by 2020

22/11/2012

The affluent will be a powerful force behind the growth of China’s consumer market and account for 5% of global consumption by 2020, according to a new report from Boston Consulting Group (BCG). The report, titled The Age of the Affluent: The Dynamics of China’s Next Consumption Engine, discusses the rapid rise and significance of this consumer...

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