Part 7/9:
Despite the allure of investing in markets like India, which boasts a 1.4 billion populace, it remains essential to understand that China’s GDP per capita is significantly higher, approximately 5.5 times that of India. Additionally, Chinese households maintain a staggering savings pool of around $20 trillion. Once the consumer psyche fully transitions from cautiousness to a renewed willingness to spend, the effects are predicted to be profound and transformative.