As at end 2017, China has a population of close to 1.4 billion. Mc Kinsey’s research showed that the Chinese middle class is now over 500 million and the range it uses to define this middle class would be US$11,500 (RM47,000) to US$43,000 (RM175,000) per year. Full article on study by Mc Kinsey here. Assuming…
