A research note from Credit Suisse says that Chinese brewers will benefit from the free spending habits of young consumers. Photo: AFP
Lam Ka-sing
Opinion

Opinion

Across The Border by Lam Ka-sing

Eager to spend millennials are new engines of China’s economy

Higher income growth in smaller cities and a young demographic willing to spend have helped to boost domestic consumption, with beer, dairy and home appliances companies tipped to be the biggest winners

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A research note from Credit Suisse says that Chinese brewers will benefit from the free spending habits of young consumers. Photo: AFP
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