| Conspicuous (Lack of) Consumption? - The Chinese Economy in 2010 |
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Shaun Rein Nova Thursday, 14th January, 7pm (talk starts at 7.30pm) Chinese President Hu Jintao and U.S. Treasury Secretary Paul Geitner lead a growing chorus that says boosting domestic consumption is the key to rebalancing China's economy and reducing its reliance on exports. But even with 1.3 billion consumers, Chinese spending lags far behind other countries. Household consumption equaled 15 percent of US levels in 2008. Shaun Rein is the founder of China Market Research Group, which tracks and analyzes Chinese consumer behavior for leading multinationals. He will discuss the impact so far of government policies to stimulate consumer spending, the challenges such efforts face and trends to watch for in the year 2010. Venue details: Nova, 418 Dagu Lu, near Chengdu Bei Lu (6340 1889) Admission: Members free; Non-members 50 RMB RSVP: This e-mail address is being protected from spambots. You need JavaScript enabled to view it About the Speaker: Shaun Rein is founder and managing director of CMR, a leading China-based strategy and market intelligence firm. He writes a column for Forbes on leadership, marketing, and China and also for BusinessWeek's Asia Insight section. He is a frequent media commentator, who is often cited in publications including the Wall Street Journal, the Harvard Business Review, The Economist, The Financial Times, Newsweek International, Bloomberg, Time, and the New York Times. He earned a master's degree from Harvard University focused on China's economy and is also a graduate of McGill University. |