Some consumer-focused companies appear to be succeeding in the Chinese market. Nike Inc. (NKE), forecast healthy growth in China over the next few years.
Нике expect to deliver mid-teens growth in this market over the next five years.
China continues to represent a tremendous growth opportunity for Nike. Growth in China will continue to be fueled by growth in consumption across a rapidly emerging middle-class.
The Chinese middle class has overtaken the U.S. in size, 109 million adults versus 92 million. Experts say the middle class in emerging economies will continue to grow, which is expected to stabilize and boost the economy.
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