Quote:
Originally Posted by GirlySports
Middle class may be growing in China but it's still nearly non-existant.
There are still massive income differentials.
Only 5% of the total population makes an income of at least $10000 a year (the minimum likely needed to afford a significant level of consumption such as a mortgaged apartment, a car, a computer, and the occasional night out)
|
Yeah, on the whole China really still is phenomenally poor. Wherever that picture of the world at night with all of the light spots on it went (posted in another thread) is worth looking at just to see how China is a vast dark space except for a few bright spots. The country is nowhere near developed, and has a hell of a lot of growing pains on the road ahead.