Source: Sixth Tone (8/1/17)
China’s Middle Class Comes With New Characteristics
Recent report looks beyond numbers to define an evolving social stratum.
By Lin Qiqing
There’s now an alternative answer to the question of what constitutes “middle class” in China.
The country’s emerging middle class is urban, well-educated, born in the 1980s, and — most importantly — living an indulgent, modern lifestyle, according to a report published Monday on Channel Wu, a WeMedia account run by financial writer Wu Xiaobo that arrived at this definition after surveying more than 20,000 people. Continue reading Middle class with new characteristics