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