This was born of the rising affluence of the region's middle class, many of whom had now travelled south and seen countryside noticeably different from their flat homeland.
Many manufacturers gave prominence to luxury cars, a nod to the rising affluence in China of the upper middle class and the wealthy.
Resource companies and luxury goods, he added, are likely to continue to do well, as investors look to capitalize on Asia's ravenous demand for commodities and the rising affluence in the region.
The global downturn has thrust fast-growing Asia into the limelight as an engine of world growth, prompting an influx of investment by businesses seeking to capitalize on booming economies and on the rising affluence of Asia's billions of consumers.
In a report this year, Euromonitor attributed a rise in Malaysia's alcoholic beverage sales in 2008 to the government's decision not to raise the tax on beer, coupled with the rising affluence of consumers and an increasing number of female drinkers.
The county story is an expansive one and it is testimony to the rising affluence of the third-, fourth- and fifth- generation descendants of the ragtag immigrants who flocked to the Lower East Side a century ago to escape the pogroms and unshakable poverty of Eastern Europe.
The former has 300 million wired and wireless customers and is enjoying the rising affluence of Indonesia.
That outlay comes to a mere dollar per capita versus $100 in the U.S. but it has the potential to grow, given the rising affluence of the Chinese and their predisposition to save money.
It is adding over eight million people per year, but the big driver is the rising affluence of its nearly 1.4 billion people.
This indeed accounted for the bulk of rising affluence.In this section Overview Output, prices and jobs The Economist commodity-price index Internet protocol television Trade, exchange rates, budget balances and interest rates Markets Productivity Reprints.
