From HuffPo: Millions of Americans are currently weathering the effects of a slow economic recovery. Many Chinese, meanwhile, find themselves struggling less to keep their families fed, according to a recent Gallup report.
Nearly 20 percent of Americans say they've had trouble putting food on the table in the past 12 months, up from nine percent in 2008, the Gallup report found. That’s compared to six percent of Chinese respondents, down from 16 percent in 2008.
At the same time, the Chinese middle class has been on the rise since the late 1990s. The middle-class explosion has been most prominent in the country's largest cities and government policies have helped to aid it along. Businesses are responding too: U.S. hotel companies are launching modestly-priced hotel chains in the country in hopes of attracting some of the scores of new middle class travelers, according to The Wall Street Journal.
And while the Chinese middle class is growing, the ranks of the U.S. poor are swelling. The nation's poverty rate jumped to 15.1 percent in 2010, the Cenus Bureau announced last month, as the total number of Americans in poverty grew to 46.2 million.
Find out more at http://www.huffingtonpost.com/2011/10/12/more-americans-than-chine_n_1007845.html
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