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Essentially, the Asian middle class is rising — from 600 million in 2015 on its way to 3 billion by 2030. To get a feel for this massive growth, it works out to around 438,000 new entrants a day ...
In this episode of the Skift India Podcast, Ixigo CEO Aloke Bajpai discusses the substantial growth opportunities in India's tier-2 and tier-3 markets fueled by the rising middle-class income.
SYDNEY: No matter how you try to measure it, Asians are becoming wealthier. Fly into any capital city in the region ...
Asia’s tourism industry is booming, buoyed by rising incomes, low-cost air transport, and China’s growing outbound market. But analysts say the rapid expansion is also putting pressure on ...
The middle classes in India and China will number 3 billion by 2030. ... show how fast global trade patterns are changing as Asia's rising middle class shifts wealth from north to south. ...
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Retail Asia on MSNMAP Indonesia targets rising middle class with home and wellness focusThe retailer is targeting 80 million people in the middle-to-premium class. PT Mitra Adiperkasa Tbk (MAP Indonesia), the ...
Asia’s rising middle-class consumption could, ironically, become an important piece in the rebuilding of America’s own faltering middle class.
The ADB’s Asia 2050 Report sees middle-class consumption in advanced countries rising by only 0.6 per cent a year for the next 20 years and thereafter beginning to decline. In Asia, the middle class ...
And you’ll never guess what you can find in their shopping bags.
Southeast Asia's fast-growing economies and rising middle class are attracting investors and sending the region's stock markets higher. The main indexes in Thailand and the Philippines are each up ...
Asia’s middle class is not growing as it once did. Between 1991 and 2014, the average annual growth rate in the number of Asian middle-class households was 6%, according to our analysis. In the ...
Recent visits to India and China by Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, show how fast global trade patterns are changing as Asia's rising middle class shifts wealth ...
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