Helen Wang

Is There a Chinese Middle Class?

OK, here is a more comprehensive definition about the Chinese middle class: www.accessmylibrary.co....

2008: The Year of China

You are right, Semuren. I should say "Since the cold war..." Mistake on my part. I was referring to Zakaria's article, in which he uses the term as an economic power rather than military power. So, I wasn't thinking about the Soviet Union.

2008: The Year of China

There are two more things that happened to China in 2007, which Zakaria didn't quote but I think are phenomenal: 1) China had the biggest IPO (Alibaba's) that beat Google's; 2) Shanghai Stock Exchange exceeded New York for the first time in terms of volumes. I think the real fear is the United States to slow down, not China to speed up.

Growth in China’s Luxury Goods Market to be Fueled by 2nd Tier Cities

Very good article! Aren't many of the luxury goods sold in China knock-off? I see many people are after the luxury goods such as shirts, watches, jewelries, and purses for all the reason you cited, but most of them are fake, and that's only way they can afford them and in the mean time to keep up with the rich.