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What Worries China’s Middle Class?

The Paper published a commentary on the worries that China’s middle class faces:

Career: China’s economic turmoil and the restructuring of its industries mean that many mid to high level managers face the risk of losing their jobs. The Internet technology has also impacted almost all industries.

Family assets: The main assets for a middle class family are their home, investments in the stock market, and cash. The housing market and stock market are volatile.

Education for their children: Many in the middle class studied very hard to achieve their status. The family experiences desperation when their children do not receive good grades.

There are also worries over medical insurance, retirement funds, and other matters.

Source: The Paper Online, February 12, 2016