The Search for China’s Sixth Consumer Wave
Shoppers and pedestrians cross Percival Street at Russell Street in the Causeway Bay shopping district of Hong Kong (Photographer: Xaume Olleros/Bloomberg)

The Search for China’s Sixth Consumer Wave

(Bloomberg Opinion) -- Consumerism in post-1978 China has ridden five waves: from finding a solution to food shortages; to owning the “new big three” (refrigerator, color TV and washing machine); s...
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