日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

Born to spend

(Reuters)
Updated: 2007-09-17 17:37

CLSA sees the US economy -- China's biggest trading partner -- tipping into recession late this year, causing China's economic growth to slump to around 5 percent in the second half of 2008 from an estimated 11.5 percent for all of 2007.

DBS's Leung disagrees: pending interest rate cuts will shore up the US economy and the Beijing Olympics will help boost China's retail sales by 18 percent in 2008, he says.

That's still relatively weak given that exports and investment are surging by 20-30 percent annually. But analysts say there is no quick fix.

"If retail sales grow any faster China will have an overheating problem because the economy is already expanding by 11 percent and investment is growing by 20-30 percent," said Tim Condon, Asia economist at ING Financial Markets in Singapore.

High savings rates reflect job insecurity at restructuring state companies, shaky welfare protection and -- in boomtowns like Shenzhen -- homebuyers' need to keep up with soaring property prices.

Outside Kingglory Plaza, George Clooney grins benevolently from an Omega watch advert. But even he was having difficulty persuading men in the mall to spend one recent Sunday afternoon.

Calvin Klein and Hugo Boss have "sale" signs across their windows, but men in the mall mostly sit around checking mobile phones or playing with their children.

If young women seem more financially carefree, it could be because rapid growth has enabled them to break out of traditional roles.

Job opportunities for educated women in cities have never been better: Credit Suisse estimates average monthly wages among urban 20-29 year olds jumped 34 percent in 2006, while average urban incomes grew 18 percent.

Donis Zhao, 26, a beauty consultant, says her mother, a doctor, keeps telling her to start saving, but she sees no need.

"I want to focus on my job. If I work very hard and learn a lot, I can earn more," she said. "It's not like when my mother was young 20 years ago and China was poor."

Gen Tang, a 20-something Hong Konger married to a Shenzhen native, says young Chinese women are too susceptible to advertising by foreign brands.

"They're buying for status," he said. "LV tells them: this is good and they buy it," he said, referring to Louis Vuitton.

His wife, May May Yang, sporting a pink Abercrombie & Fitch baseball cap, admits to a weakness for Versace cosmetics and says she spends up to 1,000 yuan on a new Dior perfume every few months.

"I've got friends who'll save 10 months' wages to buy a 20,000 yuan scarf, easily," she said.


(For more biz stories, please visit Industry Updates)

      1   2     


主站蜘蛛池模板: 久久久久麻豆v国产精华液好用吗 | 色偷偷伊人 | 美日韩免费视频 | 日韩城人免费 | 久久精品视频一区二区 | 精品一二区 | 五月天亚洲色图 | 日韩欧美小说 | 免费在线观看成年人视频 | 国产精久久一区二区三区 | 免费欧美一级片 | 黄色com| 四虎精品在线观看 | 黄色aaa视频 | 中文av在线播放 | 五月香婷婷 | 亚洲色女| 亚洲天堂精品在线观看 | 国产精品一区在线免费观看 | 伊人网站 | 日韩欧美高清在线 | 天堂av中文在线 | 精品国产一区二区在线 | 日本乱子伦 | 中文字幕第一页在线 | 人人干视频 | 午夜毛片在线观看 | 色妹子综合 | 国产日韩在线播放 | 亚洲五月婷 | 亚洲成人免费影院 | 黄色一级视频在线观看 | 国产又粗又黄的视频 | 高清欧美性猛交xxxx黑人猛交 | 四虎网站在线观看 | 香蕉视频在线网址 | 久久久久久久久影院 | 免费播放av| 亚洲精品网站在线播放gif | 日韩美女免费视频 | 日韩一级中文字幕 |