Just a few days ago,China overtook the US in terms of purchasing...

Just a few days ago,China overtook the US in terms of purchasing power parity and now is the world's largest economy.This means that the Chinese do have more disposable income than before and adding to that,the population is also aging rapidly.Its not a rocket science question to presume that a aging population with a reasonable sized disposable income will place buying beauty products as one of the must buy product in their shopping list.

India has elected a new Prime Minister,Narendra Modi and his party,the Bharatiya Janata Party also has won more that 51% of the seats in the Indian Parliment.Mr Modi who was a former Chief Minister of the Indian state of Gujarat has a reputation of being pro business friendly and is a aggressive seeker when it comes to courting foreign investment to India.As his party has won the majority in parliament,most of his new policies regarding foreign companies setting up business in India should not hit a political grid lock like in the past.This should bode well for P&N and by extension OBJ.

Both these countries have a rapidly growing economy and to presume that the combined middle class population could exceed 600 million and beyond is not far fetched.Thats almost as much as the combined population of the US and the EU combined.Of course we all know that apart form junk food,the middle class also spend alot of money on beauty products.

A bright future for P&N and OBJ i would say.