Chinese consumers are overall optimistic. Most restaurant are full and car sales are up 30-40% annually. However, the sky-high housing price is going to put a damp eventually on consumer spending.
Salary is rising fast among skilled labour in China and the potential of RMB appreciation will export Chinese inflation to U.S.
Luxury goods and electronics (computers, flat screen TV and etc.) are seeing huge demand and probably bodes well for high tech companies such as Intel, CISCO and Microsoft.
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