Explosion of riches
By Karl Wilson in Sydney | China Daily | Updated: 2014-05-12 07:10
Asia's affluent middle class is rising rapidly as wealth in China is set to overtake Japan's by 2015
No matter how you try to measure it, Asians are becoming wealthier. Fly into any capital city in the region and at once you will be struck by the display of wealth. From flashy condominiums to shopping precincts that cater to the surging middle class, Asia's affluent are growing.
It has been estimated by HSBC that by 2015 financial wealth in China will overtake Japan's, while emerging Asia is on course to eclipse the United States.
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