Subject: China's shoppers rule the world. Get used to it.
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Fri, 29 Dec 2017 05:02:37 -0500 (EST)

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}A daily digest of opinions and analysisChinese Consumers Are the Hottest Global Economic ForceCan we please stop calling China "the world's factory"? As household consumption grows exponentially, and spending on entertainment, gifts and tourism rises, China is fast becoming the world's consumer — and as Tracy Chen explains, investors ignore this shift at their peril.Latin America's #MeToo MovementThe fight against sexual misconduct is gathering force in the land of machismo, and no wonder: In Latin America, harassment can be a life-or-death matter. Mac Margolis reports on the new developments in Brazil (where women are demanding new legal safeguards), Argentina (where protesters are taking to the streets), and Mexico (where feminist street art is popping up in the subways).The U.S. Is Becoming the World's New Tax HavenForget Switzerland or the Cayman Islands — more and more, billionaires are stashing their money in states such as South Dakota and Nevada. The Bloomberg View editorial board criticizes the U.S. for its hypocrisy in shutting down foreign tax havens only to steal their business. Be Kind to Wall Street in 2018Traders of a certain generation dreamed of making millions. Today, they're happy just to be able to pay property taxes. Jared Dillian issues a plea for compassion on behalf of the working stiffs of finance. Ritholtz's ReadsThe future of grocery shopping has arrived — in China (Quartz)Bitcoin's boom is a boon for extremist groups (Washington Post)Nearly half of comments critical of fiduciary rule are fake (Wall Street Journal)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg GadflyThe most powerful female boss in FranceThe year we lost "God" but gained OilCoinEight charts that tell the story of tech in 2017(Read more from BV's sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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