Thursday, September 19, 2019

Opening-day frenzy at first Costco store in China

"Go, Costco." It appears the Chinese middle class is a seriously growing aspect of quality of life. Very nice. Evidently, the overcrowding was not expected. Costco has experience in handling large crowds, especially on "Black Friday." It is nice to see the Chinese having the opportunity to improve their lives. This Middle Class is a huge victory for the USA. China is now exhibiting a "Consumer Economy." That means the Chinese will build stronger local economies and the DEMAND for a better life.

This is fantastic. Finally, China has a burgeoning consumer economy that will equate to that of the USA eventually. That means China is looking more like our allies, in Europe and Asia. Japan has a very high quality of life. Hopefully, China will, too.