Rise of the Asian Consumer

If the Brookings Institution study is correct, within 12 years we should see the Asian middle class triple from the size that it was in 2015. That means that the Asian middle class will outpunch […]

Changes of the magnitude of the rise of the Asian consumer and of Asia, including China as a superpower, involve significant wildcards and unanswered questions. First and foremost, of course, is Plan A. What was […]

Let’s look at the impact on local communities, or what I call the Asian Invasion. I talk about the rise of the Asian consumer as though it is something happening in Asia. But it’s not […]

A TED Talk by Martin Jacques is in the bibliography. Here is an important quote from it that is worth pondering: The West thinks of itself as probably the most cosmopolitan of all cultures, but […]

If you live in the Western world, you tend to associate the rise of consumer markets with homes and cars. In Australia, Canada, New Zealand, and the United States, consumerism involves building larger homes filled […]

Geopolitics is driven by the growing competition for natural resources. That means that geography matters. China is a large country—approximately the size of the United States. It is governed by a one-party system that publishes […]

Let’s turn to financial markets. If you look at Chinese strategic plans—China is remarkable in the extent to which it makes strategic plans public—we see China successfully implementing its goals to build global financial liquidity […]

I mentioned the history professor who said that the Roman Empire and British Empire had gone broke trading with China. How did that happen? This is a very old phenomenon. China—like many other Asian cultures—is […]

If Plan A failed, what, then, is Plan B? One possibility is that the United States as the military for the Anglo-American alliance will pull back behind the oceans and significantly increase insourcing and manufacturing, […]

In 1994, the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) was completed with 123 countries participating. As a result, globalization accelerated in a very significant way, particularly after the creation of […]