In the News
An orgy of consumption on China's singles day
Graham Watson
12th November 2016
It is 'Singles Day' in China, 11/11, and this FT clip looks at how it's grown from a small event at Nanjing University to the world's largest orgy of consumer spending. And all of this in a country where consumption is a relatively small proportion of GDP, but where the middle-class is growing, and consumption can only grow further in future.
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