Just one problem with Chinese consumers...most of the upper middle class in China (the neck tie and desginer goods consumers) are either corrupt CCP workers and their families or they are industrialists whose factories export to the west.
At the very least, the second group won’t go shopping anytime soon. They took their first big hit when the chinese new year snow storms destroyed production schedules...a lot of factories are yet to recover to full production levels.
That leaves the CCP stooges...lets ask our Chicom friends on the boards what their shopping plans are like
Paging Steelboy, cmdjing, ponderlife!
Or more accurately, AFTER the Olympics.
I wonder if we could see very bad times for the Chinese if the US hits a recession (Dumbocrats win the election). If the US has troubles, then Europe will be too weak and inefficient to carry on, and China's manufacturing base is now empty factories.