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The Chinese Academy of Social Sciences (CASS) released a report in 2004 defining the Chinese middle class as families with assets valued from $18,100 to $36,200 (150,000 to 300,000 yuan).
The Chinese middle class may grow to 700 to 800 million, which is 50% to 60% of China's entire population. In the past, all the predictions have proven to be too conservative.
He said the most striking thing about the Chinese migrants he encountered was that they appear to be middle-class people with means and a plan. “Every person I talk to has a job waiting ...
As a proportion of China’s GDP, household debt has risen from less than 11% in 2006 to more than 60% today, close to ...
Chinese middle class is facing the most uphill task in years – to keep itself motivated for better times. The middle class in China, which once was the core of China’s prosperity, ...
BEIJING — At a restaurant in the Chinese capital that serves up low-cost meals to seniors, much of the crowd these days is decidedly less than senior. For Wang Ran, a 27-year-old designer, lunch ...
BEIJING – Thousands among China's middle class are signing online petitions to protest the dropping of an alleged police brutality case, representing a rare but concerted display of white-collar ...
So, middle- and upper-class Chinese are increasingly joining a migration wave to Japan, he says. British immigration consulting firm Henley and Partners estimated in June that 13,500 Chinese ...
For Chinese middle class like Wang and Li, their options for migrating to the US are limited. While more affluent Chinese opt for investor visas, those who are less wealthy struggle to obtain a US ...
Chinese middle class is facing the most uphill task in years – to keep itself motivated for better times. The middle class in China, which once was the core of China’s prosperity, is fast ...
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