Tuesday, October 03, 2017

The Climb Out Of Poverty Marches On (For China At Least)

Growth of middle class means major changes for China

A tourist takes a skywalk at a barrier-free access, which is 340 meters above the ground, at the Jin Mao Tower, an 88-story skyscraper in Shanghai. Gao Erqiang / China Daily Substance, not style, increasingly important for nation's shoppers China's middle class is expanding at an unprecedented pace. According to McKinsey & Co, by 2020 more…