Have we reached peak China? How the booming middle class hit a brick wall

Facing a slowing economy and a less secure jobs market, China's educated elite are left negotiating a new central bargain with the government Holding her newborn daughter, Lynne, 33, feels apprehensive about the future. Her elder son, though adorable, is already draining the family coffers and he hasn't even started school yet. His private kindergarten in Beijing costs 80,000 yuan (US$11,ooo) a year. Extracurricular classes, including 10 hours a week of English, sports, painting and online tutor...