Many middle-class Chinese are struggling to make ends meet, but the government wants them to come to the rescue of the economy. Photo: Alamy

China wants its middle class to spend big … but they have bills to pay

Many consumers are tightening their belts as they worry about what the future holds

Topic |   China economy

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Many middle-class Chinese are struggling to make ends meet, but the government wants them to come to the rescue of the economy. Photo: Alamy
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.