Sunday, May 1, 2011

China's Middle Class Feels the Pinch of Rising Prices

http://www.bbc.co.uk/news/13239004

As the standard of living rises in China, so do the costs, and many are not feeling any better off than their parents before them, despite having apartments and cars. The article also looks indirectly at a woman working in Shanghai unofficially - while it is not stated directly, the fact that she is sending money home so her children can go to school suggests she does not have a Shanghai registration card.

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