Inside China
Inside China
South China Morning Post
SCMP Spotlight: middle class in China and US fear losing their status
15 minutes Posted Sep 22, 2023 at 10:00 am.
0:00
15:50
Download MP3
Show notes
China has seen a significant increase in the size and influence of its middle class, but an ageing population is set to hinder the nation’s growth. In the US, the size of the middle class fell from 61 per cent of the population in 1971 to 50 per cent in 2022 amid flat wage growth and a drop in university enrolments. This Post story was reported by Ralph Jennings and He Huifeng and narrated by James Aitken. For the full text: https://sc.mp/sx1u