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Tuesday, 19 March 2013

China's middle class grows while America's disappears

Eamonn Fingleton, Economics writer; Author of "In the Jaws of the Dragon" joins Thom Hartmann. In America - the income for the  bottom 90 percent of Americans has decreased over the last decade. In China family -income for an average has increased tenfold since 1980. Is the middle class in China really booming - and if so - what should Americans learn from China's economic growth?