China Trade 101: For the Chinese Consumer, Money Doesn't Grow on Trees
Filed in archive Entrepreneurship by Greg Cruey on February 12, 2008
The China Vortex recently discussed a report on consumer behavior in major cities in China. "According to the report, consumers are still frugal, and are reluctant to go into debt," CV said. There are some reasons for that.
There are some reasons for that mind set.

China developed a Consumer Confidence Index last year - and it's down.
The point is that China might be a growing market for lots of things. But it is not a bottomless market. And it is not immune to problems.
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