Why are Asia’s middle classes stagnating?
Our podcast on markets, the economy and business. This week, as the growth of the middle class decelerates in many parts of Asia, we consider the global fallout
For decades, western companies looked to Asia for growth. They saw an opportunity to establish their brands with a rapidly-expanding middle class. But now, in many parts of Asia, the growth of that aspirational class is slowing. So, what happened to Asia’s middle classes?
Hosts: Mike Bird and Alice Fulwood. Guests: The Economist’s Ethan Wu; Wolfgang Fengler, CEO of research firm World Data Lab; and Ibrahim “Ben” Suffian of the Merdeka Centre for Opinion Research.
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