June 2016, James Brown, Portfolio Manager Between 1980 and 2010, over 600 million people moved out of poverty in China. As this massive group transitions into the middle class, they are bringing with them a greater disposable income thanks to better earning potential. These people might also be buying simple consumer staples such as toothpaste or packaged foods for the first time and therefore are predominantly driving sales and profits for consumer-facing companies. It is the speed of this change, especially for services and retail, that is important for investors to consider. Coffee, tea or … As China’s middle class grows, … Continue reading Made in China – why this is a must-watch market