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Old 04-21-2014, 11:19 AM
 
447 posts, read 657,646 times
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Yeah, you are right, and since price level in India and China is much lower than developed countries, middle class people can live with little finacial pressure comparatively. We can see middle class Indian and Chinese studying, touring or shopping in developed countries and rich Indian and Chinese settling in developed countries, buying expensive houses. Russia and Eastern Europe also have rising amount of wealth with their economic growth.

However, for those people who have become richer and still live in developing countries, they don't necessarily have the same things ordinary people enjoy in developed countries.
Quote:
Originally Posted by xeric View Post
Actually, the Indian middle class live quite well. But of course they are dwarfed in numbers by the poor. My point was simply that in a nation as populous as India (or China for that matter) these relatively small-sounding percentage - 20% in this case - equate to numbers that surpass the total population of most other countries.
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Old 04-21-2014, 06:41 PM
 
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^ Behold, there were a number influence ' Dutch ' that distribution has been imprint in in structure indonesian culture.Mainly in education system in indonesia and Language.
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Old 04-27-2014, 07:51 AM
 
83 posts, read 204,899 times
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Originally Posted by The Postman View Post
Have you even been to America? America's food scene is one of the best and most diverse of any country. It's far more than fast food (a popular misconception). I could even find philly cheese-steak in Taiwan, something I've never seen here (I make my own). Everything from burgers (which can be great), various hot dogs, sausages, yes BBQ, different styles, ribs, brisket, soul food, collard greens, mac'n'cheese, cornbread, Tex-Mex, bagels, K'nish, New England cuisine: clam chowder, lobster rolls, haddock pie.etc. NY bagel is a great chain in Taiwan. Taiwan's own food (and the Chinese food from different regions) is great but it's also got good American and Japanese food. NY bagel and all the western-style places are always popular.
I believe the American influence in Taiwan mostly comes from WW II and American support for Chang Kai Shek and strong commercial and military ties.
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Old 04-27-2014, 05:00 PM
 
Location: LONDON BABY
301 posts, read 518,361 times
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Quote:
Originally Posted by markovian process View Post
Obviously, the rise of Europe meant that every region in Asia changed in some way.

South-east Asia had colonial rule by a number of European powers whether it be the Dutch East Indies or Spanish Philippines. The Indian subcontinent was obviously under British and other European rule for quite some time. Much of the Middle East was also influenced by colonial rule by Brits too, after the Ottoman empire weakened. Central Asia was part of the Russian empire when European Russia begun to gain power over the nomads that once threatened them. East Asia was less directly colonized (since China was not directly colonized by any European power, but of course, contact with the west did influence it; even China turning to Communism was a result of this). Japan and Korea escaped colonization by Europeans but American influence was pretty strong.

Which region do you think was influenced the most by the contact and experience with the west? Which one the least?
Large parts of china was colonised by Britain, including Hong Kong and shanghai etc, many Chinese port towns were built by Britain.

Britain defeated china in many wars and was given territory as part of chinas surrender
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Old 04-30-2014, 03:33 PM
 
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Quote:
Originally Posted by The Postman View Post
That big? I guess middle by Indian standards maybe. Even if it's 250 million, that's still out of 1.2 billion, so there are plenty more poor people.


With one of the fastest growing economies in the world, clocked at a growth rate of 8.3% in 2010, India is fast on its way to becoming a large and globally important consumer economy. The Indian middle class was estimated to be 250 million people in 2007, by McKinsey & Company. It will reach 600 million by 2030. According to Deutsche Research the estimates are nearly 300 million people for all Middle Class. If current trends continue, Indian per capita purchasing power parity will significantly increase from 4.7 to 6.1 percent of the world share by 2015. In 2006, 22 percent of Indians lived under the poverty line. India aims to eradicate poverty by 2020.
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Old 04-30-2014, 06:48 PM
 
Location: Melbourne, Australia
9,744 posts, read 20,660,860 times
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Quote:
Originally Posted by Mistertee View Post
With one of the fastest growing economies in the world, clocked at a growth rate of 8.3% in 2010, India is fast on its way to becoming a large and globally important consumer economy. The Indian middle class was estimated to be 250 million people in 2007, by McKinsey & Company. It will reach 600 million by 2030. According to Deutsche Research the estimates are nearly 300 million people for all Middle Class. If current trends continue, Indian per capita purchasing power parity will significantly increase from 4.7 to 6.1 percent of the world share by 2015. In 2006, 22 percent of Indians lived under the poverty line. India aims to eradicate poverty by 2020.
In 6 years? Sounds extremely ambitious, but good luck to them.
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Old 04-30-2014, 07:03 PM
 
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Quote:
Originally Posted by The Postman View Post
In 6 years? Sounds extremely ambitious, but good luck to them.


The only stumbling block I can forsee is lack of a strong central govt. This may change if they vote Modi for PM. Who knows..
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Old 04-30-2014, 07:21 PM
 
Location: Melbourne, Australia
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Originally Posted by Mistertee View Post
The only stumbling block I can forsee is lack of a strong central govt. This may change if they vote Modi for PM. Who knows..
Lifting hundreds of millions out of poverty in 6 years? Seriously?

Maybe 20 years, but 6 years, no way, no how. As plausible as reversing climate change in 6 years.
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Old 04-30-2014, 07:35 PM
 
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Quote:
Originally Posted by The Postman View Post
Lifting hundreds of millions out of poverty in 6 years? Seriously?

Maybe 20 years, but 6 years, no way, no how. As plausible as reversing climate change in 6 years.


This was mentioned back in 2006. This statement was well before the recession and slowing down of the global economy. Plus, numerous big ticket scams in India came to light. Everyone talks about the the growth of the Indian economy after it was opened from its socialist past in 1990. However, ppl neglect to mention whatever growth that INdia has experienced is nothing compared to what it can really achieve. The biggest stumbling block to their growth has been its weak govt and red tape bureaucracy which are quite corrupt .
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Old 04-30-2014, 07:40 PM
 
Location: Melbourne, Australia
9,744 posts, read 20,660,860 times
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Quote:
Originally Posted by Mistertee View Post
This was mentioned back in 2006. This statement was well before the recession and slowing down of the global economy. Plus, numerous big ticket scams in India came to light. Everyone talks about the the growth of the Indian economy after it was opened from its socialist past in 1990. However, ppl neglect to mention whatever growth that INdia has experienced is nothing compared to what it can really achieve. The biggest stumbling block to their growth has been its weak govt and red tape bureaucracy which are quite corrupt .
I don't doubt India might one day rise out of it, but it will take decades, and a radical change of government.
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