Monday, October 24, 2011

The new global consumer: Chinese - Tricia Wang

Tricia Wang
Researcher Tricia Wang sends us through her websitea telling advertisement from Guangzhou depicting the new global consumer: a Chinese couple, served by a while male. "The entire global economy right now depends on the Chinese elite and middle-class to spend."
Oh how this Toyota Highlander advertisment is reflective of the new global order.  I saw this picture in Guangzhou's domestic terminal. A Chinese couple is getting out of their Japanese brand car into what appears to be a private yacht. A white male greets them, taking their travel items and appears to be eager  in their service. 
This advertisement reflects a new Chinese imaginary - one that is global, expansive, unlimited, and exploratory. It also tells us who has the power to live out this imaginary. 10 years ago or even 5 years ago, I don't think this advertisement would've existed. But now companies have turned to the Chinese consumer, encouraging them to participate in this lifestyle. The entire global economy right now depends on the Chinese elite and middle-class to spend. But how long can this go on for until we see the next crisis? For how long can each system create "value"?

More on Tricia Wang's website

Tricia Wang is a speaker at the China Speakers Bureau. Do you need her at your meeting or conference? Do get in touch, or fill in our speakers' request form. 

Tricia Wang, exploring China's underbelly.
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