"It's only around 20% of households that actually invest in the stock market, and a lot of companies don't use the equity market for financing."

BCG's Jeff Walters spoke on the Chinese economy.

Japan Times quoted BCG's Jeff Walters on the components of the Chinese economy and its shrinking middle class. "It's only around 20% of households that actually invest in the stock market, and a lot of companies don't use the equity market for financing," said Jeff.

Japan Times