Data from the World Bank's most recent and hugely comprehensive International Comparison Program study breaks global individual consumption into 11 buckets--from food and clothing to health care and recreation.

FORBES: How The World Spends Its Money

China's securities regulator also is considering opening up the country's capital markets to international hedge funds by launching a feasibility study on broadening the scope of the QFII program to include such investors, a person familiar with the situation said last week.

WSJ: China May Give Foreign Pension Funds New Investment Opportunities