Howdy folks, we're an American company. We eat apple pie and watch football.

One thing I don’t understand, maybe someone with more knowledge on the subject could explain. From the article:

> they’re still hopeful that they can bring their products to the U.S. — the only consumer market in the world larger than China.

How is it that China has over four times the population but a smaller consumer market? Is this just some very specific definition or am I missing something?

According to world bank in 2022 the US consumer market is bigger than China + EU + Japan put together (converted to USD). A lot of Chinese people are still relatively poor. Spending/saving habits are quite different between Americans and Chinese too.

That makes sense, but is still kind of mind boggling. Thanks!

Why hello fellow Americans

Gooten tawg

It starts making more sense when you realize the US is the third most populous country in the world and also far and away the richest country.

People without money are not consumers

I’m no expert and my speculation might be worthless here, but I would imagine the health of a “consumer market” probably correlates with how much money the average person spends on things they want rather than need. Not to say that doesn’t happen outside the US (that’d be quite the ludacris statement), but the US citizens do spend a lot of money of a lot of stuff.

you ain't fooling anyone Jin Yang