While the Chinese middle class (see my definition of the Chinese middle class) will alter the global economy in the years ahead, there are obstacles to Chinese consumers increasing their spending.
The Chinese middle class is creating enormous opportunities for Western companies selling into China.
FORBES: The Biggest Story of Our Time: The Rise of China's Middle Class
Recently, more and more Chinese middle class families have emigrated to the United States.
The Chinese middle class is creating enormous opportunities for American companies selling into China.
FORBES: Times Have Changed: No More "China Produces and America Consumes"
Its boosters claim it has brought high growth and unlimited opportunities to the Chinese business class.
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Housing is on of the most popular investments of the Chinese middle class and elite.
It is, rather, the former students who are now members of the burgeoning Chinese middle class.
CNN: ASIANOW - TIME Asia | Visions of China: Peking University
They are from all walks of life and are the new members of the Chinese middle class.
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If history is any indication, all new infrastructure quickly will become indispensable to the Chinese middle class.
As the Chinese middle class continues to grow, China will import more goods and services from abroad.
FORBES: Times Have Changed: No More 'China Produces and America Consumes'
But the Chinese middle class is not nearly as rich as the middle class in developed countries.
The rising Chinese middle class, now approaching half a billion, has created enormous opportunities for U.S. companies.
As this process unfolds, the Chinese middle class will change the dynamics of the world we live in.
Defining the Chinese middle class can be confusing, depending on whom you talk to or which numbers you use.
Chapter 4 explores the economic implications of a large Chinese middle class, both for China and for the world.
It hoped that the new Chinese middle class would buy lots of film.
However, this much is clear: the Chinese middle class has already changed the dynamics of the world we live in.
FORBES: Times Have Changed: No More "China Produces and America Consumes"
The Credit Suisse report reveals that the average household income of the Chinese middle class increased 98% between 2004 and 2009.
FORBES: Times Have Changed: No More 'China Produces and America Consumes'
With the Chinese middle class growing sizably and relocating to urban centers, McKinsey sees Internet users spending more time shopping online.
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Studies predict that the Chinese middle class will wield enormous spending power as it reaches 600 million-800 million people in fifteen years.
So if the Chinese middle class are getting richer, mom and pop retail investors can get in on the some of action.
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The Credit Suisse report reveals that the average household income of the Chinese middle class increased 98 percent between 2004 and 2009.
FORBES: Times Have Changed: No More "China Produces and America Consumes"
The Chinese middle class is an emerging global force that can serve as a catalyst for a more balanced world for all.
The Chinese middle class has proved to be an alternative growth engine for Western companies, especially when their home markets stagnate during the recession.
FORBES: Times Have Changed: No More 'China Produces and America Consumes'
This will produce more jobs and more balanced growth in both countries, driven in good measure by the growth of the Chinese middle class.
FORBES: Times Have Changed: No More 'China Produces and America Consumes'
Studies predict that the Chinese middle class will wield enormous spending power as it reaches 600 million to 800 million people in 15 years.
Although a large Chinese middle class offers significant benefits for the world economy, it will also pose serious challenges to the environment and global warming.
The Chinese middle class is now more than 450 million strong.
Recently, I was on BBC World News to discuss the eurozone debt crisis and how the Chinese middle class can help re-balance the Western economies.
FORBES: The Biggest Story of Our Time: The Rise of China's Middle Class
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