China’s Middle Class Cuts Spending: Is Its Economy At Risk?

What You'll Learn:

With over 400 million, China’s middle class is larger than the population of the United States. This group is expected to drive consumption and economic growth. The Chinese middle class, however, have instead tightened their purse strings. Savings hover near record highs.

https://www.youtube.com/watch?v=Mcv1zxfL960