More than half of nearly 800 wealthy Chinese recently polled believe the widening gap between the rich and poor is also creating an emerging upper class in the country. The survey, carried out by ...

TOKYO — As China's economy continues to grow at a slower pace than in recent decades, Chinese businesses and households are moving money overseas at the highest rate in seven years, according to ...

The population in this income segment has been has been rising 12% annually. Astonishingly, Chinese upper middle class are projected to account for 5% of global consumption by 2020. These ...

But I think with Nio, there's an element of truth to it." Li's target audience is the new, growing group of upper-middle class Chinese, people who have had money for enough time to buy the things ...

Now, one aspect of the problem is that Chinese corporations and the Chinese upper class alike have been taking out more loans using stock as collateral. So when stock prices bust, credit is driven ...

More than half of nearly 800 wealthy Chinese recently polled believe the widening gap between the rich and poor is also creating an emerging upper class in the country. The survey, carried out by ...