Big-spending women focus of attention in slowing Chinese economy

The consumption trends of women who are spending money on themselves, particularly on personal care and travel, have been drawing attention in China amid a slowdown in the world's second-largest economy.While President Xi Jinping's leadership is working hard to encourage marriage and childbearing in an attempt to stem the declining birthrate, these independent women seem unfazed.The size of the market, labeled the "she economy," is estimated to exceed 10 trillion yuan ($1.4 trillion) per year.An all-male dance group, whose name literally reads "Male Dog Theater" in Chinese, has been hugely …READ FULL ARTICLE