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More than half of nearly 800 wealthy Chinese recently polled believe the widening gap between the rich and poor is also creating an emerging upper class in the country. The survey, carried out by ...
TOKYO — As China's economy continues to grow at a slower pace than in recent decades, Chinese businesses and households are moving money overseas at the highest rate in seven years, according to ...
The population in this income segment has been has been rising 12% annually. Astonishingly, Chinese upper middle class are projected to account for 5% of global consumption by 2020. These ...
But at the upper levels of the meritocracy, the myopia of class experience can muddle them ... It’s intriguing, then, that young Chinese people blame a lack of prosperity for their reluctance ...