Rising middle-class consumption trends to watch in India, Saudi, China
CNBC · 2 months ago
CNBC
2 months ago
Vivian Lin Thurston from William Blair Emerging Markets Growth shares what investment opportunities she is focusing on for the consumption theme in emerging markets.
Breakdown
- Middle-class consumption is a key investment theme in emerging markets.
- India's rising per capita income is driving strong growth in consumer discretionary sectors. 25s
- Saudi Arabia's structural reforms and higher female labor participation are boosting domestic consumption. 55s
- China's overall consumer spending is weak, but specific segments like skincare and luxury goods are growing. 2m 15s
- Companies focused on domestic consumption in these markets are better positioned against external risks. 1m 44s