Bullish on China's Lower-Tier CitiesMay 25, 2018
Driven by a population boom, higher household incomes and more eagerness to spend, consumer spending in China's lower-tier cities could soon fuel two thirds of the rise in national consumption.
Urban population growth, improved transportation and increases in disposable incomes could triple consumption levels in China's smaller cities by 2030. Big implications for consumer goods and services, transportation, entertainment, travel and financials.
Sign up to get Morgan Stanley Ideas delivered to your inbox.
*Invalid email address
Thank You for Subscribing!
Would you like to help us improve our coverage of topics that might interest you? Tell us about yourself.