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As China’s economy falters, so does middle class confidence
Aggregated Source: ChinaLegalBlog.com

BEIJING — At a restaurant in the Chinese capital that serves up low-cost meals to seniors, much of the crowd these days is decidedly less than senior.

For Wang Ran, a 27-year-old designer, lunch at the restaurant in Beijing costs about half what she would normally pay — which makes a big difference as she downgrades her spending amid an economic slump in China that could have global ramifications.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

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