China's Middle Class

October 21, 2014
The Washington Post
Comment:  An illuminating datapoint for those interested in understanding China...
The entire article is at 


The Washington Post


We knew China was rich. But not this rich.


By Ana Swanson October 21

 CREATOR: gd-jpeg v1.0 (using IJG JPEG v62), quality = 90<br />

The chart above, from Credit Suisse’s 2014 Global Wealth Report, shows global wealth broken down by deciles, or every 10 percent of the distribution. ....


The graph particularly shows China’s success in becoming an upper-middle-income country in recent years. China now has more people in the top 10 percent of global wealth holders than any country except the U.S. and Japan, according to the report.



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