Chinese Consumers Very Confident About Future, Says Bain & Company’s Lannes

The video discusses the current state of the Chinese economy, focusing on consumer confidence and spending. It highlights the growth in income per capita and the stability of the FMCG sector. The discussion shifts to retail trends, noting the decline of big box retailers and the rise of e-commerce and new retail models. The video also examines foreign retailers' strategies in China, emphasizing the need for adaptation to the rapidly changing market.

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