Cheng Li writes: There is no doubt that the Chinese middle class is a dominant political and economic force that will have a profound impact on both China and the world. But the political outlook and worldviews of this powerful contingent are far less clear-cut. Given that the rapid rise and explosive growth of China’s middle class is a relatively recent development, its role and economic-political implications are neither predetermined nor stagnant. The dynamism and diversity of this new socioeconomic force and its transitory political role can undermine the fatalistic view about China’s future trajectory.
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China – The Shanghai middle class: Embracing “cosmopolitanism with Chinese characteristics”? (Brookings)