Let China’s Middle Class Lead You Into Luxury

Tony Daltorio, Investment U Research

According to the World Bank, the global middle class could grow to 1.15 billion in 2030 – a huge jump from the 430 million middle class folks in 2000.

Driving the extraordinary growth is… you guessed it, the emerging “BRIC” nations. In 2000, developing countries like China, Brazil and India accounted for 56% of that number. But by 2030, analysts expect it to climb as high as 93%… with China alone accounting for 52% of the expected increase.

This represents a tremendous amount of wealth. A Coca-Cola (NYSE: KO) executive compared it to adding a city the size of New York to the world… every three months.

Needless to say, that opens up amazing opportunities. But in order to succeed, companies who want to profit from this