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Thread: Why do Chinese Consumers favor foreign brands?
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[quote=CARLOS,248506]Same kind of development is seen in all countries that have opened their markets to foreign goods. There is a growing amount of people living in cities, people with a better incomes than average. Their income has rised more than living costs. When I was in Nanning first time, I was amazed how dirty expensive foreign goods were. But city people can afford them. They earn well, but costs of living are quite the same as poorer people. So, I think a part of this percentage is because of the high prize of foreign goods. Of course some of those people need to show their standard of living by buying foreign goods that not all can afford.[/quote]
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