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The Asian Dream is waking up to reality
Much depends on meeting the expectations of the middle class as growth momentum slows.
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Even if China no longer posts the world’s fastest rate of middle-class growth, it will remain the biggest consumer market.
PHOTO: AFP
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Karishma Vaswani
How quickly is Asia’s middle class growing? Not as fast as it needs to keep pace with aspirations.
Policymakers need to focus on boosting livelihoods – but also on improving the quality of lives – for citizens to achieve the “Asian Dream”. Until that happens, it will be more myth than reality.
