Emerging Asia's Middle Class-A Force to be Reckoned With
AbstractThe emergence of a large and dynamic middle class raises Asiaâ€™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 â€œworld consumer of last resortâ€, although this seems unlikely in the foreseeable future.
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Date of creation: Oct 2009
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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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