Jerry Webman on China's Long Road to Consumer Dominance

The transcript discusses the potential of the Chinese consumer to drive global demand, comparing it to the US consumer. It highlights the importance of workforce growth and productivity in China and India. The conversation touches on economic risks, including the adaptability of the Chinese consumer and the role of the PBOC. The speaker expresses optimism about China's economic shifts, noting the growth of services over manufacturing and the rise of e-commerce.

In what ways has the shift from manufacturing to services in China affected the economy?

What role does e-commerce play in the current retail landscape in China?