Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/109378 
Year of Publication: 
2011
Series/Report no.: 
ADB Economics Working Paper Series No. 247
Publisher: 
Asian Development Bank (ADB), Manila
Abstract: 
Using {dollar}2–{dollar}20 purchasing power parity per capita daily income as the definition of middle class, Zhang Yuan, Guanghua Wan, and Niny Khor find that majority of households in the People's Republic of China have become middle class by 2007. This is especially impressive given that around 40% of households were still considered poor in 1991. This paper discusses these trends, their main determinants, and geographical distributions.
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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