| 
Lecture
by James Kynge is now available to listen to online |
There can be no more
striking a consequence of the last three decades of Chinese economic
reform than the emergence of a middle class that may now number
more than 150 million people. Diligent and upwardly-mobile, this
swelling demographic is re-shaping the Chinese economy and conditioning
the business strategies of the international companies that seek
to do business in the world’s fastest growing market. But
who are the people that make up this vast cohort? What do they think,
and how do they view the world around them? In the 18th century,
the American middle class – rallying behind slogans such as
“No taxation without representation!” – fought
a long struggle for a say in their country’s political destiny.
Are China’s emerging consumers hard wired to repeat America’s
experience, transferring the influence they wield at the cash registers
to the ballot boxes of the future? Or has China, as its government
professes, found an alternative model for development? |