middle class

New Business

As I see it | China’s extended property slump was always expected

History does not repeat itself, as the saying goes, but it often rhymes. That very much depends on the kind…

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New Business

Amid big-city gloom, can China’s far-flung counties become a key driver of consumption?

As widespread economic gloom in China’s megacities sees high-end restaurants close their doors one after another, Starbucks is accelerating its…

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New Business

China’s middle-class investors lose appetite for overseas property

Stephen Yao travelled from southern China’s Guangdong province to Thailand 32 times in 2017 and 2018 to help middle-class Chinese…

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