Chinese-American author breaks ground on China’s middle class growth explosion

The Chinese Dream: The Rise of the World’s Largest Middle Class and What It Means to You” by Helen H. Wang brings a fresh paradigm on how we view U.S.–China relations

PALO ALTO, Calif. Nov. 29th, 2010 – In her new book, “The Chinese Dream: The Rise of the World’s Largest Middle Class and What It Means to You” (ISBN 1452898049), Helen Wang examines the impact of a growing Chinese middle class on the United States and the world. As a Chinese native and American citizen, Wang challenges readers to recognize that some of our fears about China are misplaced.

Over the next 15 years, Wang estimates China’s middle class to reach a population of 800 million, more than double today’s number. While some in the West fear the fast growth within China poses a global threat, Wang presents readers with information and research showing how this rising middle class will provide enormous opportunities for Western companies and become a balancing force that could help with America’s economic struggles.

“‘The Chinese Dream’ offers a fascinating look at one of the most dynamic forces shaping our world today,” says Gady Epstein, Beijing Bureau Chief, Forbes. “A truly valuable read for anyone who wants to do business in China.”

The author also argues that the United States and China complement each other in culture, technology, and manufacturing, which, when adopting a spirit of mutual learning and collaboration, could help solve environmental problems facing both countries and achieve a major leap in clean energy that neither could make alone.

“I believe that the world’s stability and prosperity will depend on how well China and the West understand each other, trust each other, and learn from each other,” Wang said.

Wang hopes readers will realize both the unexpected similarities and the complementary differences between the Chinese and Western middle classes. Wang aims to deliver readers to the world of the Chinese entrepreneurial middle class through in-depth interviews, personal stories, and an exclusive perspective into how a growing global mindset may pave the way to a saner and safer world.

“Whether China will become a more liberal and democratic society, whether it will retain the creative talents of people who in past generations have chosen to emigrate—these and other questions are answered in Helen Wang’s fascinating book,” says James Fallows, a National Correspondent for The Atlantic Magazine.

“The Chinese Dream” is available for sale online at Amazon.com and other channels.

About the Author:

Helen Wang is a Forbes contributor and consultant on China’s middle class. Originally from China, Wang has lived in the United States for more than twenty years. After finishing her master’s degree at Stanford University, she worked in Silicon Valley, holding a variety of jobs, from consultant to Fortune 500 companies to entrepreneur at Internet start-ups. A sought-after speaker, Wang now divides her time between consulting for companies doing business in China and helping non-profit organizations make a difference.

MEDIA CONTACT:

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Phone:             (408) 320-8686

Website:           http://TheChineseDreamBook.com

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