Growth Brands Can Use Hainan To Scale Up In China

The Chinese market is undoubtedly a massive opportunity. With 1.4 billion people and a blossoming middle class, Chinese consumers have long been drivers of global consumption (Conick). They are set to contribute almost two-thirds of global growth in luxury spending, and are emerging from the pandemic uniquely optimistic with an intent to spend on higher quality products (McKinsey).

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Categorized as Insights