Shoppers throughout the West, wary  of a double-dip recession , are still _ . However, Chinese consumers are opening their wallets--big time. According to McKinsey, shop sales in China have grown by 25 percent annually from 2007 to 2009. Consumer confidence is now at its highest point since 2007 and female shoppers are leading the way. Chinese women saved just 24 percent of their income, compared with 55 percent in 2006, according to a recent study in Women of China Magazine. What's more, three quarters of Chinese women say that they're the ones who control the family purse strings .That means the nation's 650 million women are an "emerging powerhouse within the powerhouse" of China. In the 1950s women contributed just 20 percent of household income. That rose to about 40 percent in the 1990s and then reached 50 percent last year. In a recent study of Chinese consumer behavior, McKinsey found that women tend to shop more frequently than men, and spend more on personal-care products and food. Men, by contrast, tend to spend more of their income on gadgets  , drinks and alcohol, dining out, and socializing. They also tend to save for the bigger-ticket items, like cars and houses. Chinese women make up an ever-growing small part of the market--up from 20 percent a decade ago to 50 percent last year. It's estimated that in the next five years women will account for 55 percent of the $9 billion market. "The future is female," concludes a January HSBC  report on luxury goods  in China. The Chinese Market Research Group recently found that women younger than 35 are the most optimistic segment  in China. A very large 80 percent of the 3,500 women surveyed saying they'll spend more in the second half of 2010 than they did in the first half. With trends like these, Chinese women may bring new meaning to the term "the power of the purse." Which of the following might be the best title of the passage?
Chinese Men Go Socializing Chinese Women Go shopping The Future Is Female The Purse Is Powerful
Question: Shoppers throughout the West, wary  of a double-dip recession , are still _ . However, Chinese consumers are opening their wallets--big time. According to McKinsey, shop sales in China have grown by 25 percent annually from 2007 to 2009. Consumer confidence is now at its highest point since 2007 and female shoppers are leading the way. Chinese women saved just 24 percent of their income, compared with 55 percent in 2006, according to a recent study in Women of China Magazine. What's more, three quarters of Chinese women say that they're the ones who control the family purse strings .That means the nation's 650 million women are an "emerging powerhouse within the powerhouse" of China. In the 1950s women contributed just 20 percent of household income. That rose to about 40 percent in the 1990s and then reached 50 percent last year. In a recent study of Chinese consumer behavior, McKinsey found that women tend to shop more frequently than men, and spend more on personal-care products and food. Men, by contrast, tend to spend more of their income on gadgets  , drinks and alcohol, dining out, and socializing. They also tend to save for the bigger-ticket items, like cars and houses. Chinese women make up an ever-growing small part of the market--up from 20 percent a decade ago to 50 percent last year. It's estimated that in the next five years women will account for 55 percent of the $9 billion market. "The future is female," concludes a January HSBC  report on luxury goods  in China. The Chinese Market Research Group recently found that women younger than 35 are the most optimistic segment  in China. A very large 80 percent of the 3,500 women surveyed saying they'll spend more in the second half of 2010 than they did in the first half. With trends like these, Chinese women may bring new meaning to the term "the power of the purse." Which of the following might be the best title of the passage?
A. Chinese Men Go Socializing
B. Chinese Women Go shopping
C. The Future Is Female
D. The Purse Is Powerful
Answer: