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Chinese Middle Class Controversy

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In America, how we look is important to many of us. This is shown through the amount of Coach handbags you see on the arms of teenage girls. In 2013, 40% of the sales for designer handbags were counterfeit, (totaling up to $700.2 million lost from the global economy.) They were later seized.
Along with the handbags were the following eight categories:
Watches/Jewelry
Electronics/Parts
Pharmaceuticals/Cosmetics/Personal Care
Shoes
Movies, Compact Discs, Music Downloads
Classes & How People Spend.
“Many assumptions regarding the Chinese middle class market are untrue. For one, it’s not as large as many think. And its disposable income is not a sound guide to estimating sales…”
In 2008, China’s population exceeded 1.3 billion people who were separated …show more content…
The appearance of the item means a lot to them and their status. They buy things out of their price range, even though they look for bargains. (The “face” of the item. 109 million adults as of 2016.)

In recently past years, there has been more controversy with China’s Middle class. People from the United States tend to think our middle class is the same as middle class in China, (or every country for that matter.) This truly isn’t the case. As of now, China has the largest and fastest growing economy in the world with 109 million working, tax paying adults. “Instead of posting the percentage of the discount, these signs tell you the percentage of the original price you are expected to pay.” 打2折 (dǎ 2 zhé) means the buyer pays 20% of the original price and 打 8 折 (dǎ 8 zhé) means you pay 80% of the original price. So, a lower number (on the sign) means a better deal. Salespeople are very hands on and will follow you throughout the store, even if you don’t ask them too. You need to be persistent and not give in to the salespeople. You can also bargain and not always have to pay the ticketed

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