Bulan: Februari 2021

BEIJING — Chinese consumer spending is set to more than double in 10 years, with an emphasis on services rather than goods, Morgan Stanley analysts predicted in a roughly 200-page report released Wednesday. By 2030, China’s private consumption is set to reach $12.7 trillion, about the same amount that American consumers currently spend, the report …

Chinese consumer spending is set to double by 2030, Morgan Stanley predicts Selengkapnya »

BEIJING — China is set to overtake the United States as the world’s largest economy a few years earlier than anticipated due to the coronavirus pandemic, analysts said. The U.S. reported last week that gross domestic product in 2020 contracted by 2.3% to $20.93 trillion in current-dollar terms, based on a preliminary government estimate. In contrast, …

New chart shows China could overtake the U.S. as the world’s largest economy earlier than expected Selengkapnya »