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China – The Shanghai middle class: Embracing “cosmopolitanism with Chinese characteristics”? (Brookings)

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.

go to Brookings: The Shanghai middle class: Embracing “cosmopolitanism with Chinese characteristics”? (brookings.edu)