Here are a series of up-to-date charts which help illustrate the rapid economic growth in China and its effect on key consumer markets of interest to businesses in developed economies…
The charts illustrate well the rapid industrialisation experienced by China in the last 10-15 years, together with the emergence of large groups of consumers with disposable incomes which are being converted into demand for consumer goods like private cars and mobile phones.
I have put the charts into a Word document that you might find useful as a stimulus for discussion with students - perhaps by dragging one or more of the charts onto the whiteboard and asking students to :
(a) Identify the key information and trends shown
(b) Consider the possible implications for businesses in the UK
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