CHINA: THE MIDDLE CLASS

As recently as two decades ago there was no distinct middle class in the People’s Republic of China. Today, any meaningful discussion of China’s economy, politics, or society must take into account the rapid emergence and explosive growth of the Chinese middle class.[1]

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[1] July 14, 2010 5:00:00 PM PDT,  China’s Emerging Middle Class:  Beyond Economic Transformation,  The Brookings Institution