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Nicklesbe said:
Ka-pi96 said:

China also has one of, if not the, largest middle classes in the world that have plenty of money to spend on luxuries...


Except for the fact that their middle class = the poor in most countries since their middle class is much different than the rest of the world. http://money.cnn.com/2012/04/25/news/economy/china-middle-class/

In the US for example 10k-60k a year is considered poor not middle class. Tho 60k a year would be considered lower middle class which in this current economy might as well be the working class or poor in the US which is around 32k a year which is a significant amount more than the majority of China's middle class. http://en.wikipedia.org/wiki/American_middle_class. Again the majority of the people in china arn't even middle class which would be considered poor by Amercian standards. It would still be insane to charge them $600 for a $400 machine when their middle class makes signicantly less than Americas.

LOL

 

The Drum Major Institute...places the range for middle class at individuals making between $25,000 and $100,000 a year. Ah yes, there's a group of people bound to run into each other while house-hunting.

—Dante Chinni[3]