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
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?

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
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
READ FULL ARTICLE