China: Retail Foods
China has one of the most lucrative, dynamic, and rapidly growing retail markets in the world, which continues to grow at a double-digit pace despite a GDP expected to grow just over 7% in 2015 and per capita urban household disposable incomes which grew only 9% in 2013. China’s retail growth is underpinned by not only rises to urban household incomes but also by the growing number of urban households themselves. That said, where and how Chinese shop is undergoing a significant transition.
