Yu Jianrong, of Chinese Academy of Social Sciences, on the social structure in China

Yu Jianrong, Chinese Academy of Social Sciences Professor of Rural Development, on social structure in China: 
"Currently, lots of graduates have to struggle at the bottom of society as soon as they leave university. Those white-collar workers seem to have shining prospects but once they lose their jobs, they will have nothing left. Therefore, I think the middle class has not really formed in China."