China's Rural Household Ownership of Goods
Great article in the WSJ, unfortunately it's subscriber only. In the print edition it was called "China Sees a New Market in its own Backyard"
Ownership Changes per 100 Households of Durable Goods
Goods | In 1990 | In 2007 |
Bicycles | 118.3 | 97.3 |
Color TV's | 4.7 | 94.4 |
Mobile Phones | 0 | 77.8 |
Washing Machines | 9.1 | 45.9 |
Refrigerators | 1.2 | 26.1 |
Computers | 0 | 3.7 |
Labels: future
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