Quick Links
News Item
Guru Focus featured Pace University's Department of Economics in "David P. Goldman Recommends Chinese Tech Stocks"
Guru Focus featured Pace University's Department of Economics in "David P. Goldman Recommends Chinese Tech Stocks"
The rising middle-income society in the country would be another factor that fuels the growth of online retailers. A research conducted by the Department of Economics at the Pace University revealed that the purchasing power of Chinese households has exploded in the last decade and would likely continue on the same path for several more years before a slowdown. The same way it happened in the United States, such a phenomenon will lead to an uptick in the number of consumers who are focused on convenience, which is a positive sign for online store operators.
