Let China’s Middle Class Lead You Into Luxury
October 28, 2009
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Let China’s Middle Class Lead You Into Luxury Tony Daltorio, Investment U Research According to the World Bank, the global middle class could grow to 1.15 billion in 2030 – a huge jump from the 430 million middle class folks in 2000. Driving the extraordinary growth is… you guessed it, the emerging “BRIC” nations. In 2000, developing countries like China, Brazil and India accounted for 56% of that number. But by 2030, analysts expect it to climb as high as 93%… with China alone acc
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