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China has one of Asia's largest, fastest-growing wealth gaps between
rich and poor, according to a new report by the Asian Development Bank.
But this article from the archive projects that the country will avoid
the "barbell economy" that plagues much of the developing world, as
incomes across all urban segments increase and a huge middle class
begins to emerge. Companies should adjust their strategies to capture
the wave of consumer spending that will be unleashed.
THE VALUE OF CHINA'S EMERGING MIDDLE CLASS
2006 Special Edition: Serving the new Chinese consumerhttp://e.mckinseyquarterly.com/W7RT02BC1A190204F51193139D69E0