Quote from: dominicg on June 23, 2015, 04:39:45 PM

Quote from: annoyingorange on June 23, 2015, 04:10:52 PM

The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth.

With the accelerating pace of innovation in mobile communications and fintech, the region
is expected to not only leapfrog the US & Europe by 2019, but also integrate millions
of unbanked people into the global economy.

I actually think it may happen sooner than that, what do you reckon?

No wonder, business in Asia is increasing rapidly along with the population. There are new ventures. They are now less dependent on Western countries.

Agreed with you that there are new concepts and ventures in Asia and now they are not dependent on western countries. I think the main reason is rapidly rising wealth in India, China, Japan, Indonesia and Thailand has boosted the regions number of high net worth individuals. Growth in India, China, Indonesia and Thailand means there will be more and more millionaires in the region than western countries.