China’s Banking Market Slows, Business and Industry Trends Analysis

Despite the slowing of economic growth in China, a rising number of Chinese consumers are enjoying upper class incomes equal to those found in wealthy households in America or Europe.  That means tens of millions of additional Chinese will be purchasing imported food brands, driving Cadillac and Mercedes automobiles, buying jewelry from Tiffany and Cartier, wearing designer clothes and travelling to resorts in Hawaii and museums in London on vacation. China is a ripe market for a broad array of financial outlets, products and services, from credit cards to insurance to mortgages and personal loans.  Major financial organizations making investments…

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