Re:China's booming middle class is creating world's most dyn...
by dreamfactory2 on Friday September 18, 2015 @03:00PM
(#10241340)
It's happening all over Asia. First you have Japan, then South Korea, then China and Thailand (where Sony now make their top end cameras), next Vietnam, the Phillipines and Indonesia, with its huge boom in mobile commerce. Bali is no longer so cheap to manufacture and holiday. This is exactly why Myanmar has woken up and wants to become the next place in line for cheap manufacturing.
Basically, the "rising consumer society" mantra has been going on for a number of years, then various revelations show how false that. Then this just repeats the mantra rather than in any way refuting the revelations.