According to Credit Suisse Research Institute’s annual “Global Wealth Report,” China this year surpassed the U.S. in the number of adults in the middle class. People can expect more multinational corporations to target more goods and services to middle-class consumers in China and other emerging markets.
According to Credit Suisse Research Institute’s annual “Global Wealth Report,” China this year surpassed the U.S. in the number of adults in the middle class. People can expect more multinational corporations to target more goods and services to middle-class consumers in China and other emerging markets. File photo Bloomberg
According to Credit Suisse Research Institute’s annual “Global Wealth Report,” China this year surpassed the U.S. in the number of adults in the middle class. People can expect more multinational corporations to target more goods and services to middle-class consumers in China and other emerging markets. File photo Bloomberg

China overtakes U.S. in number of adults in middle class

October 15, 2015 12:58 PM