Xu: China will reach 600 million middle-class consumers in 5-10 years
Kathy Xu · Kathy Xu – Venture in China at Capital Today, Venture is Eating the Investment World 12 (Capital Allocators, EP.243) · Mar 28, 2022 · at 51:00
Kathy Xu of Capital Today projects the demographic growth of China's middle-class consumer base driven by urbanization and rising wages.
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“So we will have maybe six hundred million middle class consumer in the next five to 10 years.”
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