McKinsey Quarterly
China’s new pragmatic consumers
They spend more in categories they highly value, and they generally trade down in less compelling ones. OCTOBER 2010 • Yuval Atsmon, Vinay Dixit, Max Magni, and Ian St-Maurice
https://www.mckinseyquarterly.com/Marketing/Sales_Distribution/Chinas_new_pragmatic_consumers_2683?gp=1



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