I spend seven hours each day next to metamorphosed monsters. The stresses of college applications unfortunately transform perfunctory peers into college creatures. They are predatory and are camouflaged as seniors, but with the right tactics, anyone ...
People often ask me about the definition of the Chinese middle class. To me, it’s simple: the middle class are people who are neither poor nor rich, who have disposable incomes to consume, and who can follow their own dreams and pursue their own ...
When I arrived at Orrick, Herrington & Sutcliffe LLP in Menlo Park yesterday, the presentation had already started. Jane Jie Sun, the CFO of Ctrip (CTRP)– the Expedia equivalent in China, was giving an enthusiastic talk about the company’s success. The ...
On my way back from a family event in Chicago on January 2nd, I was drawn to the magazine rack in a convenient store in O’Hara airport. Among the stacked magazines, the following cover stories caught my attention: Can the world survive China’s rush ...
This is a picture of the home of a typical middle class family in Hangzhou, a second tier city southwest of Shanghai. I would say, taking into consideration purchasing power parity, the middle class people I met there have more or less the same level ...
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