October 2013 Vol. 18 No. 10
Something out of nothing
Category: India, Asia, China, Indonesia, U.S.A.
By Maya Ando
Cultural idiosyncrasies underscore importance of region’s nouveau riche
Asia is on the cusp of replacing the United States as home to the world’s largest number of wealthy families. The trend has only accelerated since the global financial crisis, when it spiked on the back of the already phenomenal growth seen over the past three decades in regional emerging markets such as India, Indonesia and China
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