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11/14/2012

Topic Reading-Vol.217-11/14/2012

Dear MEL School's Topic Readers,
Will Chinese consumers lead the world?
How rich are Chinese people? The answers will very vary depending on who you ask to because the gap between the super rich and the poor has been and will be widening and the middle class has been and will be growing.
The problem seems to be lack of respects towards middle class which, unlike the super rich, hadn’t existed a generation ago, so that everyone wants to be the rich.
It’s seems quite different from Japanese who tend to be quite satisfied to be in middle class, trying not to compete with others or make extra efforts.
Enjoy reading and learning about how Chinese consumers are expected to grow. 

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