Emerging Asia's Middle Class-A Force to be Reckoned With
AbstractThe emergence of a large and dynamic middle class raises Asia’s profile as an attractive market destination for products ranging from consumer goods to financial services. There are even hopes that the Asian consumer will replace the US as “world consumer of last resort”, although this seems unlikely in the foreseeable future.
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health; Asian countries; global crisis; human capital; disposable income; quality; taxes; public services; education; consumer goods; financial services; products; Asian; dynamic middle class; market; chinese; US; china; economic growth; poor; rich; household wealth;
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