Extract from today's AFR...
Today, China is the main driver of the region and growth is coming from higher real earnings driving consumption and domestic savings being recycled into physical investment in businesses and infrastructure
At the heart of this is what we refer to as China 2.0. There are over 350 million middle class Chinese consumers with low debt whose income is growing rapidly and they are wanting better homes, new and cleaner cars, education for their children, better health care, lower pollution, greater opportunities for travel and higher quality food and beverages from abroad.
Much of the domestic consumption is done online, making the digital economy a key thematic.
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In my view the US maybe the main market for building brand awareness but Japan and China is where the sales $$$ will be coming from.
As a side issue, I love the direct email marketing to consumers promtimg FGF5 inhibitor,
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