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  • November 23, 2014
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Results 1 - 9 of 9 for middle class

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  1. Modern marvel

    Posted Sep 13th 2005, 12:00am by Mark O'Neill

    ... Hangzhou, Shenyang, Harbin and Chengdu- and has a dozen more applications pending. For Mr Wang, the new line is a sign of China's new class system. 'The rich buy their own cars, the middle class like me will ride the subway and the poor take the bus.' ...

  2. European discount chain challenges hypermarkets

    Posted Jul 18th 2003, 12:00am by Mark O'Neill

    ... middle-class, salaried people in densely populated residential areas. They have a place in the market.'' However, a researcher at Haitong Securities disagreed. 'Their stores are too ...

  3. Trading with the old enemy

    Posted Jul 01st 2003, 12:00am by Mark O'Neill

    ... to Taiwan after losing the Chinese civil war 'I grew up under martial law but we did not feel the pressure. Mine was a middle-class family and we had a happy childhood,' he said. His ... and middle-class families driving to a mall for their weekend shopping. ...

  4. Mainland poor left out in the cold despite housing promises

    Posted Aug 01st 2005, 12:00am by Mark O'Neill

    ... at a lower profit. But the programme has failed to help the millions of urban families for whom it was intended because developers have sold many of the flats to the rich and middle class. The authorities have been unable to properly supervise the scheme and there has been a lack of legal protection. The result is a widening gap between two classes of society- those who own homes and those ...

  5. 'Wild East' system survives Chau scandal

    Posted Jul 11th 2003, 12:00am by Mark O'Neill

    ... bubble is rejected by a growing middle class captivated by the allure of ownership. Despite average flat prices having risen by 61 per cent since 1998, demand remains strong and record amounts ... project is located. The only tangible consequence was a central bank directive in the middle of last month that compelled banks to reduce lending to the real estate sector. It included an order ...

  6. Successful philosophy leans towards profit

    Posted Aug 25th 2003, 12:00am by Mark O'Neill

    ... to find work - and a mother who grew sweet potatoes. It was the middle of the Cultural Revolution, when everyone was ordered to 'cut off the tail of capitalism'. This meant his father ... they earned just enough to support themselves, while they searched for something better. They started to work as property agents selling apartments costing 3,000 yuan per square metre to the middle ...

  7. Shanghai warily prods at its own bubble

    Posted Jun 13th 2005, 12:00am by Mark O'Neill

    ... to 6,385 yuan last year. Hong Kong experienced a similar surge in the 1990s but it was a largely home-grown bubble. The city's middle class bore the brunt of the downturn when the market ...

  8. Gloom unending for Chinese investors

    Posted Dec 24th 2004, 12:00am by Mark O'Neill

    ... joined the ranks of the middle class. Another long-term issue the CSRC has been unable to solve is inflated valuation of Chinese stocks compared with the same equity listed abroad. Take, ...

  9. Rival gives Starbucks a taste of competition in China

    Posted Jul 29th 2003, 12:00am by Mark O'Neill

    ... optimistic about the future in China. More Chinese are drinking coffee and treating it as part of their daily lives. High-class coffee shops have become the third space for people, after the home ... to open in the Middle East in the future.' ...



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