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I don't agree with HK and strongly disagree with Taiwan. If you erroneously include HK and Taiwan executives as "Chinese middle class", the tiny population of
by mrtron 16y ago
I don't agree with HK and strongly disagree with Taiwan. If you erroneously include HK and Taiwan executives as "Chinese middle class", the tiny population of these regions still represent a tiny percentage of the area.
Will there be a larget Indian or Chinese middle class? I agree with the post that India will have a rising middle class of hundreds of millions before China. China's top down politics results in hoarding and exporting cash for wealthy families. Successful Indians seem to have a stronger reinvest in technology mindset.
- PakG1 16y agoWhen did I call executives middle class? He made two points, one about an alleged lack of a Chinese middle class, and the other about the breadth of Indian executives. They are not the same, and I did not respond as if they were the same. You totally misread me. Furthermore, if you haven't seen a middle class here in your visit here a few months ago, you haven't interacted with people here. I'm living here in China right now, and I interact with the middle class every day at work, on the streets, in community centres, etc. It's for real. If you live here for a few months and seriously interact with the locals and STILL for some reason don't see a middle class, then I'll start taking your opinion seriously on that matter. But it'll be hard because I'm experiencing the exact opposite. For the record, the super rich are not the middle class. They are the super rich. Don't get them confused. The Hiltons and other big family money in the US can't be considered middle class either, and it really seems to me that you're referring to those types as your "middle class".