A prolonged recession in the West and decline of Chinese growth rate will require a global down-scale brand shift away from luxury, premium, and performance brands to price, value and standard goods. This is precisely what China is good at producing. With consumer credit stimulus at home to absorb a greater part of this production and with the movement of Chinese manufacturing and distribution assets directly close to consumers in developed markets, who are looking for value, China should be able to sustain her employments and surpluses in this adverse global period.
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The trend is the U. S. is toward, precisely the price, value and standard goods that China produces.
美国这种消费趋势恰恰是向着中国生产的廉价,经济和标准商品方向。
As a standard of value, money allows the addition of values of many different items as automobiles, repairs, and all other goods and services.
金钱,作为价值标准,能把许多不同的开支项目,比如各种汽车、大修理费和所买的其他所有的商品和劳务费用,加到一起,总共花了多少钱。
The U. s. and Western recession is driving consumers away from luxury, premium, and performance brands, towards standard brands, value brands and price only goods.
整个西方,包括美国的经济衰退正在推动消费者远离奢侈、优质、高性能的品牌转向标准品牌,经济品牌和廉价货物。
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