However, in «The
Chinese Middle Class: 110 Million Is Not Enough» (Nov. 2007 Insight), we explained that China was not yet far enough along the road to industrialization to have a big enough middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predi
Middle Class: 110 Million Is Not Enough» (Nov. 2007 Insight), we explained that China was not yet far enough along the road to industrialization to have a big enough middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predic
Class: 110 Million Is Not Enough» (Nov. 2007 Insight), we explained that China was not yet far enough along the road to industrialization to have a big enough
middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predi
middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predic
class of free spenders to sustain economic growth if exports fell with U.S.
consumer spending, as we were predicting.