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foreign policy and global economy

Archive for the tag “Middle class”

China’s Middle Class Tightens Its Belt

The sea change in consumer behaviour has apparently worried Beijing. In September, China’s cabinet pushed for supportive mechanisms to boost consumption, following its move in August to raise the threshold for collecting income taxes to 5,000 yuan per month from the previous 3,500 yuan.

Read Here – Nikkei Asian Review


How China’s Middle Class Views The Trade War

Never before has China’s fast-growing middle class confronted such daunting economic challenges, which mainly stem from domestic causes but have expanded to include escalating tensions with the United States. As a result, the members of this crucial group have developed an acute sense of anxiety.

Read Here – Foreign Affairs

The Global Middle Class Has Stalled. Has It Stopped for Good?

The emerging world—lower and middle income countries alike—found China’s insatiable appetite for commodities in recent years a godsend. For the new middle class a commodity supercycle was the simplest route to plenty. If a country had commodities it benefited either from direct trade, or though persistently higher prices of nearly all industrial commodities. By meeting China’s surging demand, the global middle class was going to grow forever.

Read Here – The National Interest

Lowering World Poverty Depends On India

The future of global inequality, in other words, rests on India’s shoulders. To join the global middle class, India must do much better. It must improve infrastructure and education. It must implement good governance and reduce harmful corruption. It must attract foreign investment and make growth a priority. And it must do all this while limiting its use of coal, in order to help halt the danger from global warming.

Read Here – Bloomberg View

A Global Middle Class Is More Promise than Reality

The first decade of this century witnessed an historic reduction in global poverty and a near doubling of the number of people who could be considered middle income. But the emergence of a truly global middle class is still more promise than reality.

Read Here – Pew Research

What Should Pakistan Do After Obama’s India Visit?

It should not be difficult for Pakistani leaders to realise that Obama’s decision to court Modi is consistent with Washington’s attitude towards India. It has always maintained that its bilateral relations with Pakistan will not be allowed to stand in the way of its scheme to retain India’s goodwill.

Read Here – The Dawn

Five Facts About Indians In The United States

Read Here – Pew Research

Indians are among the most highly educated community in the U.S.

The Rise Of The Middle Classes

For months now, protestors have gathered in the capitals of many developing nations—Turkey, Ukraine, Thailand, Venezuela, Malaysia, and Cambodia, among others—in demonstrations united by some key features.

Read Here – Businessweek

The Indian Volcano

Multiple Indias have always existed in Gandhi’s land of 700,000 villages, but never perhaps in such proximity or with such access to one another, a rising class of conspicuous consumers hoisted through a decade of now faltering growth hard by villages where unemployed men dim boredom with alcohol.

Read Here – New York Times

A Different Middle Class

The middle class in China remains an essential part of the state from which it has emerged and is not very likely to be the Chinese equivalent of the European or North American bourgeoisie with whom it is often equated.

Read Here – Christian Science Monitor

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