groceries

The Chinese: taking over the world, one potato at a time.

"Last year the Chinese spent a whopping 14% of GDP on groceries, so it is no big surprise that rapidly growing China became the world’s biggest grocery market, overtaking America in yet another category, according to IGD, a food and grocery research firm.

By 2015, IGD forecasts the BRICs (Brazil, Russia, India and China) will have pushed Japan out of the top five slots, leaving America as the only remaining rich country in the top five.By 2015, IGD forecasts the BRICs (Brazil, Russia, India and China) will have pushed Japan out of the top five slots, leaving America as the only remaining rich country in the top five."

(in The economist)