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Stocks

Growth separating wheat from chaff in China consumer stocks

Rising incomes lift high-end names and frustrate cheaper rivals

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Retailers in China are lately running short of the baijiu liquor.   © Reuters

HONG KONG-- There is a growing split in China's consumer stocks as people in the country grow richer.

The winners are those selling high-end goods such as premium baijiu liquor and home appliances. Losers include low-end food processors, whose sales have stagnated.

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