Asia consumption will lead economic growth - Shaun Rein

Shaun Rein

Asia has developed from the poor kid at the block into one of the leading economic forces, led by consumers, tells business analyst Shaun Rein at the BBC. "It rivals the US in trade and economic influence." 

The BBC:

"This is the era of Asian-consumption led global growth," says Shaun Rein, managing director of China Market Research Group. 

"From a region wanting to be an economic superpower, Asia has become one. It now rivals the US in terms of global economic and trade influence," he adds... 

"As wages rise in China, many companies are setting up factories in other countries such Vietnam and Cambodia," explains Mr Rein of the China Market Research Group. 

Mr Rein explains that as firms set up facilities in those countries, more people are finding new and in some cases better-paying jobs. 

"That is creating a whole new middle class in those countries, with more disposable incomes," he says.

More at the BBC.

Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers' request form.

Education is by many Chinese and other Asian seen as the way forward. But is not always financially rewarding. Is education a gold mine or a black hole, the China Weekly Hangout wondered on February 7, 2013.  Attending are Andrew Hupert, formerly working for the NYU Shanghai campus and Paul Fox, lecturer at the HKU School of Professional and Continuing Education. Moderation:  Fons Tuinstra, president of the China Speakers Bureau.

This week, on Thursday 14 March, the China Weekly Hangout will focus on the media in Hong Kong. In the 1990s they were a beacon of hope, and Hong Kong one of few global news capitals. With Paul Fox of the HKU we will discuss the state of Hong Kong media. You can read our announcement here, or directly register at our event page. 

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