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Mail Call: Asian Ego Rising.(International Edition)
Many readers took our cover story on how the global crisis is accelerating the rise of China and India against the West ("Asia Rising," March 30) as proof of Asian virtues--a lesson in the wisdom of saving. Said one, "Asian countries have traditionally saved money for the proverbial rainy day."
Is the Asian Century Upon Us?
The fundamental reason for the resilience shown during the current economic downturn by nations like India and China is their disciplined approach to saving, investment and spending habits ("Asia Rising," March 30). Need-based buying rather than stark consumerism is the hallmark of the booming Indian middle class, which is still ...
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Source: HighBeam Research, Mail Call: Asian Ego Rising.(International Edition)