{"id":29012,"date":"2021-12-07T16:01:05","date_gmt":"2021-12-07T16:01:05","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=29012"},"modified":"2021-12-07T16:01:05","modified_gmt":"2021-12-07T16:01:05","slug":"chinas-expanding-middle-class-is-starting-to-look-a-lot-like-the-us-but-its-not-a-good-thing","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=29012","title":{"rendered":"China\u2019s expanding middle class is starting to look a lot like the US\u2019, but it\u2019s not a good thing"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChina\u2019s middle class has grown explosively in the past 20 years.In 2000, roughly 3 per cent of the country\u2019s population was classified as middle class. By 2018, more than half of China\u2019s population \u2013 707 million people \u2013 had entered the country\u2019s middle-income bracket, according to calculations from the Centre for Strategic and International Studies that defined the middle class as those spending between US$10 and US$50 a day.As China\u2019s middle class has expanded, it has in many ways also\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3158753\/chinas-expanding-middle-class-starting-look-lot-us-its-not?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostChina\u2019s middle class has grown explosively in the past 20 years.In 2000, roughly 3 per cent of the country\u2019s population was classified as middle&hellip; <\/p>\n","protected":false},"author":0,"featured_media":29013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/29012"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29012"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/29012\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/29013"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29012"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}