Or whatever the cool toy is now:
The 50 million “little emperors and empresses”, the children of mainland middle and upper-class households, have emerged as a strong force in consumer spending as their parents and grandparents shower them with generous pocket money.
Pocket money of ‘little emperors’ offers engine for growth
Also, an interview with Zhou Qiren, economics professor and ex-monetary policy committee member with the PBOC: China has to change nature of economic stimulus measures
China needs to improve the quality of its growth policies to deal with the widening economic disparity
