Will china maintain its strong economic growth in the years

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Reference no: EM132111054

1. Will China maintain its strong economic growth in the years to come? Some suggest it will until 2050. what do you think?

2. If China will go from 17 million to 190 million middle-income people by the year 2020, would the scenario presented Best buy in 2006 not be applicable anymore? That is, the culture shock in 2006 was that the Chinese would not pay for Best Buy's overly expensive products unless they are a brand like Apple. Would newly rich Chinese customer engage in this purchasing by 2020?

3. With Alibaba's ownership of the very popular TaoBao online shopping system(similar to ebay and amazon) and its spread across the world, will a Western-based online shopping culture ultimately infiltrate China?

Reference no: EM132111054

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