From Steve Mufson's article suggesting that Chinese consumers might lead a global recovery:
Morgan Stanley estimated that, using conservative projections, China's total consumer spending will surpass that of the United States by 2018.
In the first seven months of the year, vehicles sold in China reached 12.3 million on an annualized basis, exceeding the United States for the first time ever, according to Morgan Stanley.
October 6, 2009; 10:45 AM ET
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