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When China was still largely rural, poor, and socialist, politicians exhorted the country’s people to patriotic activities such as increasing grain output for their economy’s sake. Now, to sustain China’s economic boom, the country needs good citizens to go shopping.

And the people have obliged. Between 2000 and 2010, consumption in China multiplied from about $650 billion to nearly $1.4 trillion, and the country’s big spenders have become notorious for ravenously gobbling up pricey Swiss watches and high-end handbags. Today Chinese shoppers’ appetites extend well beyond China’s borders, and can sway the fortunes of global fashion labels. Japan even coined the term bakugai to refer to an explosive shopping spree by Chinese tourists. The spending power and influence of China’s consumers will only grow as China’s middle class continues to rapidly expand.

Excerpts from Interview with Karl Gerth:

“….I think the Chinese dream is the American dream plus 10%. It’s not the European dream of restraint and conservation. I think they’re closer to Americans. They want even more, bigger, better—….

Chinese now see demand, in other words consumer desire, not as the death of production but rather as the start. Stoking consumer desire is one way of generating economic growth, rather than just, as socialist countries famously did, making steel and other producer goods ad infinitum as an end in itself. They push the idea that the way to make China wealthy and powerful is to stimulate consumer desire and allow economic inequality……

I think that China is a giant Rorschach test. You can look at it and see positive and negative in quite dramatic measures. Call me old-fashioned, but I think planetary survival trumps many other things, and therefore my Rorschach test largely comes up as negative.

There are epic amounts of air pollution, so much so that every person I know who lives in a Chinese major city, their go-to app is to figure out how dangerous the air is that day, and what they should do about it. That is hugely a consequence of of car pollution, plus all the other pollution as a consequences of them going down this developmental path……

Others should also realize that China is coming from a land of huge scarcity.

I would be slightly more tolerant of them wanting a small fraction of what the average American has before telling them that it’s an empty, vacuous existence and that they should focus on satisfying their inner desires through meditation rather than through Big Macs. https://qz.com/994345/the-meteoric-rise-of-chinese-consumerism-will-reshape-the-world-and-maybe-even-destroy-it/