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Zhang Yuan
Guanghua Wan
Khor, Niny
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ADB Economics Working Paper Series 247
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.
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