China Gets Competitive With US Retail Sales

For the past several months we’ve seen a lot of headlines questioning growth in China. While those may hold merit, we can rest assured that their growth in retail has been very strong.

I shared this on my blog the other day, but wanted to share here with Seeit Market readers.  The chart below highlights a significant development in Chinese/US retail sales.

China has closed a $140 Billion gap in retail sales (with the US) since 2009. Wow, think about that for a moment. This is important when you think about companies like Apple Inc. (NASDAQ:AAPL), Nike (NYSE:NKE), Michael Kors (NYSE:KORS), Visa (NYSE:V), MasterCard (NYSE:MA) all trying to further their business in China.

It’s been a difficult road for some companies, however, it’s easy to see how the return on investment could be huge if long-term plans are executed.


Thanks for reading.


Twitter:  @_SeanDavid

Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.


Not Investment Advice – Please read investment disclaimer.