Is China’s ‘consumption downgrade’ a cyclical or secular trend?
Wednesday, March 25, 2020
With consumption accounting for nearly 80% of China’s GDP growth, concerns about a slowing economy are leading to questions about whether the country is undergoing a consumption downgrade. Are the concerns simply a reflection of the gloomy economic outlook and rising household debt, or a secular trend as more consumers seek value-for-money products and are unwilling to pay a premium for brands? Our panel of speakers from the world of finance and real estate will tackle these questions and more.