If the world stay where it is today forever, sure. You could well bring up that 30 years ago China is about as wealthy as Africa, and that it is a total non-fa

If the world stay where it is today forever, sure. You could well bring up that 30 years ago China is about as wealthy as Africa, and that it is a total non-factor in the world economy. The bottomline is this, China had 1.4 billion people, they will consume, even if they consume 1/4th as much individually, the market will be the same size as of the US. It probably already happened, just that services in China is much cheaper. Out of the 13T consumption that is the US market, how much of it is in the form of goods? You'll probably get the same level of service in China for 1/4 the price. The growth of consumption in China has been consistently greater than the growth of the economy as a whole for the past 10 years, and it'll likely happen in the foreseeable future as China's export shrink and infrastructure spending halts.