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

Orange Wang

Published: 1:30pm, 13 Oct, 2018

Updated: 6:23am, 15 Oct, 2018

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 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.