With almost 800 million inhabitants living in cities, urbanization in China has been one of the most important trends in the last half century. As tensions with the West increase due to its intelligence operations, particularly in Australia and the United States, economic stability will be critical to maintaining security in those densely populated areas. Urban areas require more industrial …
On this chart of the leading retailers in China, only two brands would stick out to Americans: Wal-Mart and Yum! Brands. No matter where you go on Earth, the Kentucky colonel is never far behind. And of course, Wal-Mart.
When we see retail trends in China around revenue, our major question is whether Chinese commercial data is as “massaged” as its government counterparts.
Bringing more context into Wal-Mart’s acquisition of a prominent Chinese retailer, check out the growth curve on retail e-commerce in China. That’s in billions, like everything over there. The retail future is in Asia far more than it is the Americas or Europe.
From Visual Capitalist, one country represents 20% of the world’s population, 13% of its economy, and yet consumes over 50% of the concrete, steel, and coal. This should give one a sense of how interconnected and dependent the entire world is on the Chinese economy. This is why we will bail out each others’ banks and avoid war. Any upset …
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