Middle class China
8 March 2013
Article "Middle Class China: professional and managerial before the bourgeoisie" by Dr Minglu Chen, Academic Member of CSC and Professor David Goodman, Academic Director of CSC was published in Elgar blog on 7 March 2013.
"China's middle class is much trumpeted, but equally much misunderstood. While the intention of the Chinese Communist Party to grow China's middle class and a middle class society is clear, the rest of the world would be in error if it equated China's middle classes with their own contemporary experience. China is a long way off being a middle class consumer society and the potential for change may lead in unexpected directions."
To read the whole article, please click here.