China’s statistics agency puts the size of the country’s middle class at nearly 400 million – less than a third of the population. Photo: AP

The question mark hanging over China’s 400 million-strong middle class

Burdened by rising costs, debt and worries about the future, will they vanish or thrive?

Topic |   China economy

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China’s statistics agency puts the size of the country’s middle class at nearly 400 million – less than a third of the population. Photo: AP
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Zhou Xin

Zhou Xin

Zhou Xin co-leads the political economy team at the Post. He mainly covers economic stories but also writes about Chinese politics and diplomacy. He has previously worked for Reuters and Bloomberg in Beijing.