The Great Chinese Dream
Why lifting people into the ranks of the middle class remains China's biggest challenge
America isn't the only nation with a great dream. China's president Xi Jinping has been dream weaving too - trying to find ways to inspire his people to aspire to a better life, supported by a higher income. It is part of his project to sustain China's formidable growth and propel its people into the ranks of the world's middle class.
The ±«Óãtv's chief business correspondent, Linda Yueh, will be explaining how the Chinese dream looks very much like the American one - except without the picket fence.
So can the dream become a reality? We'll be discovering that avoiding the so-called middle income trap could be China's biggest challenge in decades. We meet the Italian artisans hoping to profit from China's burgeoning middle class.
And, commentator Lucy Kellaway will - in typical contrarian style - be exhorting this year's new graduates to aim low.
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- Mon 8 Jul 2013 07:32GMT±«Óãtv World Service Online
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