Challenges Threaten Growth of Asia’s Middle Class

  • Asia’s middle class growth is slowing, raising concerns for the “Asian Dream”.
  • Despite significant contributions to global GDP, economic momentum in Asia is stagnating.
  • Indonesia’s middle class decline highlights broader economic challenges post-pandemic.
  • China’s real estate collapse is affecting household wealth and spending habits.
  • A strong middle class is vital for driving political and economic development.
  • Optimism remains high among many Asians despite economic slowdowns.
  • Effective government policies are essential to sustain middle-class growth amid shifts.
  • Emerging-market middle classes are expected to double by 2034, led by Asia.
  • Maintaining middle-class status requires sustainable economic policies and investments