The New Shopping Superpower

O'Neill, Jim
March 2009
Newsweek (Atlantic Edition);3/30/2009 (Atlantic Edition), Vol. 153 Issue 13, p17
This article discusses the changing patterns of consumption in China and other developing countries. The changing economic picture in China is framed in terms of the inability of the Chinese government to continue saving dollars gained through the export of consumer manufacturers. Forecasts from Goldman Sachs indicating that the Chinese economy is in the process of decoupling itself from dependence on exports to the U.S. are noted.


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