China to overtake US to become world’s top consumer goods market ‘very soon’

[shi12jun]

--------------------------------China's rise

 

[beijingwalker]

--------------------------------China's rise
View attachment 695582

北京龙庆峡，I've been there and took a photo of it.

 

[bshifter]

There are now 878 billionaires under 40 in China -- including 257 newly minted billionaires this year -- worth a total of $4 trillion

China's billionaires combined worth bigger than Germany GDP. Forex reserve exceeds 3.1 trillion bigger than India GDP. This monstrosity is the KING

 

[casual]

There are now 878 billionaires under 40 in China -- including 257 newly minted billionaires this year -- worth a total of $4 trillion

China's billionaires combined worth bigger than Germany GDP. Forex reserve exceeds 3.1 trillion bigger than India GDP. This monstrosity is the KING

Billionaires add very little value to the overall economy. What matters the most is expending and enriching the middle class. The average Chinese worker is still too poor.

 

[letsrock]

What i dont understand if chinease retail market is as big as USA, car market much bigger, more electricity and utlity usage then how does USA have one -third more economy gdp ? is it health care or education or something ?