Modern Chinese Consumption and Consumerism Questions

Business Finance

China’s post-1990s generation drives consumption growth

https://www.youtube.com/watch?v=5UP9yIak_X8

Why China can further promote consumption upgrading

https://www.youtube.com/watch?v=HLyj_Ib6MI0

Chinese Consumerism | Inside China

https://www.youtube.com/watch?v=CKiG0Quc5FA

How China is changing the future of shopping | Angela Wang

https://www.youtube.com/watch?v=dOt4NkcmIUg&t=737s

Please respond to the questions.

Latham and other scholars argue that consumption and consumerism replaced Maoist idealism as a source of personal motivation and meaning for Chinese individuals. Do you agree or disagree?

After viewing four videos about modern Chinese consumption and consumerism, how would you describe the differences/similarities between the consumption and consumerism in China and the US with regards to 1) consumer habits and behavior; 2) consumer expectations (e.g. selection, quality); and 3) consumption pattern (e.g. e-commerce, traditional store)

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