Uncertainty surrounding the current global financial turmoil is impacting the psyche of some consumers who are worried about their jobs, their homes and their savings.
However "Chinese shoppers still going strong" was the title on the cover page of the latest issue of the China Economic Review. The story continued: "Lost in the doom and gloom of recent news about China's economy - investors tormented by falling stock markets and softening real estate prices; producers squeezed by shrinking international demand and rising input costs - is the story of the Chinese consumers." Yin and Yang seem to drive the picture of China's domestic market and during this global economic slowdown, Chinese consumers seem to be resilient.
"We don't see that negative wealth effect kicking in. People who link everything to stock market and property market performance see that link...but very few (urban consumers) are over-extended and they're not really worried," written by the editor of the China Economic Review.
This interesting read on the current situation is also reflected in the interest shown in the sponsorship of and delegate registrations for Prime Source Forum (PSF) 2009. Click "Views Exchange" below to share with us your views.
PSF2009 will be held from 31 March to 2 April. The ability to manage changes at this point in time is the key to success. Want to hear what will happen in this industry or know what measures your peers will adopt to tackle these challenges? Then, take advantage of the PSF platform to grasp business opportunities.
Click here and register now for Forum participation. Sponsorship options are also available to suit various marketing budgets. Don't miss the chance and contact me now.
Talk to you soon in the coming issue.
Warmest regards,

Josephine Ching
Forum and Conferences Manager
PSF Views Exchange
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