China's middle class is starting to look a lot like America's

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China's middle class is starting to look a lot like America's, and that's not a good thing

While real estate is important for wealth-building in both the US and China, the role homeownership plays in each country is not comparable."The role of real estate for wealth and social standing in China is significantly different than it is in the US. If you don't have a house, you're not going to get a wife," Zenglein said of China.

"It's not a one-to-one match," Zenglein said of the US and China middle classes,"but it's getting into an area where the similarities are increasing."Subscribe to push notifications

 

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And US still think islam is the enemy 😂😂 CebongVirusNKRI

China has a middle class? Lol

China has already started to re-socialize the country and rein in capitalism that has slipped into their way of life.

why did i open the link and all i saw is unrelated news ? 🥱🥱🥱

Copycats

中国的中产阶级开始变得和美国很像,这不是一件好事

Stop pretending China is as screwed as the U.S. They are clearly moving up faster then we are despite the U.S. attempts to collapse their economy AND delist their stocks.

10 years ago.

There is no 'middle class'.

I am not sure there is enough room in China for this kind of neighborhood.

this is terrible news

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