Morgan Stanley picks the winners of a Chinese spending boom

Key Points
  • Morgan Stanley analysts predict consumption in China will double in the next decade to $12.7 trillion.
  • Analysts said in a report released Wednesday they expect "robust growth" in categories such as education and health care, smart appliances and electric vehicles.
  • Experience-related sectors such as pets and toys, service robots and social media will also likely see significant growth, the report said.

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