Andrew: China has been pulling in the credit reigns over
adidas baratas the past year or two in an attempt to cool the economy. Possesses this affected consumer investing or trends? And exactly how, if at all, possesses this impacted Adidas?
Erick: Not like Americans, the Chinese tend to not finance their daily lives through excess leverage. Whomever savings rate remains in the vicinity of 40% and borrowing with regard to consumer goods remains quite uncommon. Therefore, the recent
zapatillas baratas espa?a tightening measures by the costa rica government have not adversely impacted consumer spending - most certainly not at Adidas.
The restriction of credit and higher home interest rates has had a much larger impact on sectors such as residential real estate investment. To the extent that consumers are starting to behave cautiously, We'd attribute it to declining real-estate prices and
adidas zx 750 the poor performance with the Chinese equity markets. This paper loss of wealth is apparently creating an overall feeling of caution.
Andrew: Who is
adidas zx 750 hombre target audience in The far east? And which sports do Chinese consumers realize when purchasing Adidas equipment?
Erick: Demographically, the typical Adidas consumer in China is not really terribly different from what you would see in america or Europe. The major difference is that in China, participation within sports is still relatively
adidas zx 750 azul low compared to this West.