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U.S. Retailers Getting a Boost from Chinese Consumers

Tony Sagami | July 31, 2012

Wangfujing Street is the first modern-style commercial street in Beijing. This major retail hub, which attracts nearly 1 million people a day, is also a place where many U.S. companies are doing BIG business.

Today, I’ll take you on a stroll through Wangfujing Street so you can see where Chinese consumers are spending their money … as they’re spending it!

Best wishes,

Tony

Tony Sagami is the editor of The Asian Century, a trading service designed to help investors profit from the seemingly unstoppable Asian consumption machine. He helps his subscribers tap into this potential through a variety of easy-to-execute strategies on global companies that trade on the U.S. exchanges that also do big business in Asia. For more information on The Asian Century, click here.

Tony is also the editor of International ETF Trader, where he shows members how to make money from trends taking place all over the world in areas like natural resources, gold, oil, commodities, tech, consumer goods and even in individual countries themselves.

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{ 5 comments… read them below or add one }

Peter Scherber Tuesday, July 31, 2012 at 9:32 am

Tony, Wonderful coverage thank you

Reply

Donna F Tuesday, July 31, 2012 at 12:28 pm

There is much disagreement about the current Chinese economy among current financial analysts. If you’d like to delve further into the subject of Chinese growth, I’d suggest you refer to this very enlightening Gordon Chang interview. He believes that current growth is well below the quoted 8% and will be down to low single digits by year’s end. Many facts are cited to back up his claims. If the link isn’t listed, it was published on the Casey Research website July 25, 2012 and titled “Gordon Chang: Big Trouble Ahead in China”
http://www.caseyresearch.com/cdd/gordon-chang-big-trouble-ahead-china

Reply

Lok Saturday, August 4, 2012 at 8:54 am

I am an Australian, a Chartered Accountant and a Fundamental Equity Analyst. I have worked in senior & executive management in China for 10 years and 5 years in Taipei and some more years working in SE Asia. Gordorn is a unrelenting China critic and basher not unlike some of the worst of the Western media that are unobjective and unbalanced in their mind-set and approach…

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Charles Tuesday, July 31, 2012 at 8:50 pm

I greatly enjoyed the little video tour of Wangfujing Street in Beijing. While I know that this isn’t representative of much of China, I believe that once consumers experience this kind of environment, it is very difficult to go back to a simpler lifestyle. Thanks to Tony for this little window into China.

Reply

vijay Monday, August 6, 2012 at 7:53 am

these things is happening in india also.

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