China’s “Chuppies” Point the Way to Growth and Profits
Keith Fitz-Gerald (January 27th, 2009) Writes:
Despite what you might be hearing about a global recession, consumer capitalism is alive and well in China.
And it’s still fueling growth.
Take a stroll through Beijing’s trendy Wangfujing area, a quick walk south of Tiananmen Square or the six-story Shin Kong Place in Beijing’s Dawanglu area, and you’ll find more than 100 top international designer brands on sale, including Prada, Gucci, Bvlgari, Dolce & Gabbana, and others. While you’re on the prowl, don’t forget Xidan Market, which the locals prefer. It’s also bursting at the seams from countless stores, fashionable-clothing shops and, of course, the ubiquitous and ever-present Starbucks (SBUX).
In contrast to other global markets, like the Ginza, Beverly Hills’ Rodeo Drive or London’s Oxford Street, for example, where a heavy silence hangs over the once-bustling ...
Tags for this Post:
Beijing, Beverly Hills, China, China, Education, Europe, Hairong Zhao;, Hao Jun;, Italy, Japan, Jim Rogers, Keith Fitz-Gerald, Kfc, Kyoto, London, London's Oxford Street;, Market Commentary, Pizza Hut, private-educational services;, Robert Hsu;, Shin Kong;, Starbucks, Taco Bell, Tiananmen Square;, United States, well-run global operator;
Beijing, Beverly Hills, China, China, Education, Europe, Hairong Zhao;, Hao Jun;, Italy, Japan, Jim Rogers, Keith Fitz-Gerald, Kfc, Kyoto, London, London's Oxford Street;, Market Commentary, Pizza Hut, private-educational services;, Robert Hsu;, Shin Kong;, Starbucks, Taco Bell, Tiananmen Square;, United States, well-run global operator;


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