Low Consumer Spending in China Hinders Economy There and Abroad

October 31, 2024
Lourdes Casanova, LACS/GPV
“For U.S. companies like Apple, Nike, Microsoft, KFC, Starbucks, Coca-Cola, Tesla or General Motors, to name a few, China is a big market. Any increase or decrease in consumption in China can influence their bottom line,” says Lourdes Casanova, senior lecturer of management.