The Middle Class and Rich Quest for Status in Asia (NYT)
HO CHI MINH CITY, Vietnam — The quest for status is a tremendous driver of society, at whatever level of development. It is a fundamental human desire. The new middle classes of Asia, and the new rich, are looking to assert their status. This plays out in interesting ways.
Read more of Roger Cohen’s piece, Status in the New Asia.
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- How China’s Middle Classes Move Their Money Abroad (SCMP)
- The Great Chinese Exodus (WSJ)
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- Table: Earnings Surprises in Emerging Market Asia (BlackRock)
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