“The growth of the middle class is very important in China, though it’s still at a fairly early stage,” said Carl Riskin, a professor of Economics at Queens College and senior research scholar at the East Asian Institute at Columbia University. “China will no longer be able to rely on the limitless capacity of Americans to consume beyond their means. So the Chinese government has been eager to find ways to “re-balance” and make growth more dependent on domestic demand.”
China cultivates entrepreneurship through TV, Meet the bra king, AKA "the Wolf"
