What a gigantic change not seen in a century means

 1) Transition from export-driven economy to consumption-driven economy

• Impact on USA and rest of the world
• Japan, Taiwan and Singapore: How to go through transformation, learn from history 

•  Investment opportunities: real estate, stocks, bonds, commodity
•  Key factor in consumption economy is people, high earning and high contributing young people, whoever in large China can attract more people in this category will have a better time to transit to new model, and that is why Shanghai is relaxing its Hukou poliy