Forbes (January 17, 2012)
2012/ 01/ 18 by jd in Global News
Will China’s landing be soft or hard? Several factors “help offset weakness and support the ‘soft landing’ thesis.” Urbanization is one such factor, as it helps boost retail sales. In 2011, “China’s urban population surpassed its rural population” with 51.3% living in cities. “Combine more city dwellers with rising incomes and you get the beginnings of the coveted transition from a purely export-based economy into a dynamic domestic/international machine.”
Tags: China, Economy, Export-based, Retail, Soft landing, Urbanization
