August 11, 2013

Reached middle-class status? Start complaining about it

By Richard Wike, Associate Director, Pew Research Global Attitudes Project

Special to CNBC

In China, one of the greatest economic transformations in history is taking place, as millions move from poverty into the middle class. But, ironically, just as they start earning enough to lead a life of some comfort, the Chinese are growing frustrated with income inequality. Luxury brands and millionaires are proliferating, while many average citizens believe they are not getting their fair share of the economic spoils. Increasingly, the Chinese see their country as one of haves and have-nots.

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