Have we reached peak China? How the booming middle class hit a brick wall
Holding her newborn daughter, Lynne, 33, feels apprehensive about the future. Her elder son, though adorable, is already draining the family coffers and he hasn’t even started school yet. His private kindergarten in Beijing costs 80,000 yuan (US$11,ooo) a year. Extracurricular classes, including…
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