New Wealth in India and China

New wealth is challenging the established order in India and China. The young educated workers in both countries are increasing their ability to buy both products and services and influence.

While these wages and salaries would be considered pretty average in the U.S. or Europe, the additional rupee and yuan are having a significant clout in India and China.

This is what economic development should be doing. So if that is the case, why is the establishment in these countries complaining? Could it be they fear a loss of power in the near future? This will be one to watch.

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