4 billion consumers, compared with 365 million in the US

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Designer Replica Handbags In his book As China Goes, So Goes the World: How Chinese Consumers Are Changing Everything, the Oxford academic Karl Gerth estimates that as many as 430 million Chinese could be classified as core consumer class that is, a household owning at least six electronic products such as a tele vision, a washing machine, a telephone, a mobile phone, a stereo, a DVD player, air conditioners or a microwave. More than 150 million Chinese, Gerth says, can afford to own luxury goods and brand name watches. Some estimates predict that by 2030 the middle class in China will number 1.4 billion consumers, compared with 365 million in the US. Designer Replica Handbags

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