Why China’s middle class is not doing well – Shaun Rein

While consumer confidence in China might be high in general, the so-called middle class – earning between 6,000 and 115,000 US dollar per year – are fairly pessimistic, explains business analyst Shaun Rein at CNBC. Mid-tier consumer brands are being hit, he predicts.

 Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers’ request form.

China Weekly Hangout

Are foreign firms having a hard time in China? That is the question the China Weekly Hangout will address on Thursday 22 August, with as panelists China veteran-at-large Janet Carmosky, CEIBS business professor Richard Brubaker and international lawyer Nathan Kaiser. You can read our announcement here, or register directly at our event page here.

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