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Is consumer spending increase a long-term trend or short-term?
WSJ: Consumer spending in China has increased 25 percent.
1. The Chinese government is lending increasing investment in China.
2. Chinese consumer are out spending because of lower mortgage rates and tax cuts for car purchases.
3. China's unemployment has been rising.
4. Chinese government Subsidies are encouraging farmers to make new vehicle purchases
5. Mercedes and Nissan are up on sales in China
Do you think the buying trend is short term or long term?
1. The Chinese government is lending increasing investment in China.
2. Chinese consumer are out spending because of lower mortgage rates and tax cuts for car purchases.
3. China's unemployment has been rising.
4. Chinese government Subsidies are encouraging farmers to make new vehicle purchases
5. Mercedes and Nissan are up on sales in China
Do you think the buying trend is short term or long term?
answers (1)
long term, if you count inflation, short term if you dont
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WSJ: report US comsumption change at 6 percent verse 25 for China and 16 percent for India.
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