62% of New Millionaires come from Asia - page 2.

Pab

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Quote from: bojan92 on October 06, 2015, 07:32:06 PM

Quote from: Poppy on October 06, 2015, 08:10:44 AM

Quote from: annoyingorange on June 23, 2015, 12:10:52 PM

The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth.

With the accelerating pace of innovation in mobile communications and fintech, the region
is expected to not only leapfrog the US & Europe by 2019, but also integrate millions
of unbanked people into the global economy.

I actually think it may happen sooner than that, what do you reckon?

Asians are known for their being hard working and persistent. It is no wonder then that a large percentage of new millionaires comes from Asia.

Yes you are right, and the other thing is that every single major company from Europe or USA or any other part of the world is investing in China and other countries in Asia, because of the small amounts of money they are paying the people there. So China is a country with a large number of hardworking people, so they are happy that they have a job and the companies are happy too. Also, in the past several years the worldwide markets are full with cheap goods from China, so the owners make a good profit on the bases of cheap work force and cheap materials.

Now chinise worker does not work 24/7 for any money,chinse worker is working for few hundred bucks a month and has paid cost of life,apparment and food and travels to his families during his holidays.Chinise workers is mostly specialist and knows english

bojan92

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Quote from: Poppy on October 06, 2015, 08:10:44 AM

Quote from: annoyingorange on June 23, 2015, 12:10:52 PM

The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth.

With the accelerating pace of innovation in mobile communications and fintech, the region
is expected to not only leapfrog the US & Europe by 2019, but also integrate millions
of unbanked people into the global economy.

I actually think it may happen sooner than that, what do you reckon?

Asians are known for their being hard working and persistent. It is no wonder then that a large percentage of new millionaires comes from Asia.

Yes you are right, and the other thing is that every single major company from Europe or USA or any other part of the world is investing in China and other countries in Asia, because of the small amounts of money they are paying the people there. So China is a country with a large number of hardworking people, so they are happy that they have a job and the companies are happy too. Also, in the past several years the worldwide markets are full with cheap goods from China, so the owners make a good profit on the bases of cheap work force and cheap materials.

Poppy

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Quote from: annoyingorange on June 23, 2015, 12:10:52 PM

The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth.

With the accelerating pace of innovation in mobile communications and fintech, the region
is expected to not only leapfrog the US & Europe by 2019, but also integrate millions
of unbanked people into the global economy.

I actually think it may happen sooner than that, what do you reckon?

Asians are known for their being hard working and persistent. It is no wonder then that a large percentage of new millionaires comes from Asia.

Quinn

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Quote from: annoyingorange on June 23, 2015, 12:10:52 PM

The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth.

With the accelerating pace of innovation in mobile communications and fintech, the region
is expected to not only leapfrog the US & Europe by 2019, but also integrate millions
of unbanked people into the global economy.

I actually think it may happen sooner than that, what do you reckon?

This is actually not new, Asians have been stealing our jobs and getting away with the money. Even in school Asians are stealing the scholarships and awards.

Franciem

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Real power doesnt hit hard,but right to the target

Quote from: Febo on October 03, 2015, 09:52:55 AM

Quote from: bryant.coleman on June 28, 2015, 03:37:02 AM

Quote from: Amph on June 28, 2015, 03:03:48 AM

because of growing that is too big, especially in chian with 1M+ births per year

Hmmm... your stats are wrong.

Number of births in China: 16,870,000 (2014)
Number of births in India: 27,379,500 (2013)
Number of births in Pakistan: 4,964,000 (2014)
Number of births in Sub-Saharan Africa: 32,584,000 (2014)

As you can see, China well behind India and Sub-Saharan Africa. In fact, the number of births in India is almost 62% higher than the same in China.

Yes i just read about it.

in 7 years India will have more population then China.
In 15 years time China population will be on average older then of USA.
In 35 years Nigeria will become third most populated country with 440 million population.
In 35 years Russia will have 15% less population then today.
In 75 years Japan wil have 20% less population at average age of 53 years old.

how about indonesia population http://www.euromonitor.com/indonesia-in-2030-the-future-demographic/report

Quote

In 2030, Indonesia will be the fifth most populous country in the world with a population of 280 million, an increase of 14.3% from 2012. The population will be ageing rapidly as the number of those aged 50+ increases by 84.0% in 2012-2030, while the number of children aged 0-9 years will decline by 14.6%. Jakarta, the capital, will continue to dominate the urban landscape in 2030 with a population of 13.7 million.
Download a sample report: Dominican Republic in 2030 : The Future De

Nautiluss

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Quote from: annoyingorange on June 23, 2015, 12:10:52 PM

The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth.

With the accelerating pace of innovation in mobile communications and fintech, the region
is expected to not only leapfrog the US & Europe by 2019, but also integrate millions
of unbanked people into the global economy.

I actually think it may happen sooner than that, what do you reckon?

Chinese people are mostly very good into business I guess the 60% of it is from them, and the rest is from the other parts of Asia.

Rumichbit

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Asian rival is cheating, but I don't agree with the OP, they have saturated global market, it's just a matter of time before they succumb even more.

Nidaleee

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Quote from: annoyingorange on June 23, 2015, 12:10:52 PM

The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth.

With the accelerating pace of innovation in mobile communications and fintech, the region
is expected to not only leapfrog the US & Europe by 2019, but also integrate millions
of unbanked people into the global economy.

I actually think it may happen sooner than that, what do you reckon?

Wow those Asian guys, I think maybe just 50% from those race and 50 from the western part.

Nocturne

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Quote from: annoyingorange on June 23, 2015, 12:10:52 PM

The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth.

With the accelerating pace of innovation in mobile communications and fintech, the region
is expected to not only leapfrog the US & Europe by 2019, but also integrate millions
of unbanked people into the global economy.

I actually think it may happen sooner than that, what do you reckon?

Yeah Chinese people are very influential in businesses and as well as the Japanese its just amazing how those little guys out there are the race of the most millionaire this world have.

Pab

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Yes it isvery much truth.It is not only about to create limited numbers of milioneirs.You can open business in China,small business,whatever it is for example selling food on street,you dont need to register your business,pay taxes anything,just make money.You have to register business when earnings will exceed earnings limit .If you are doing that business together with your wife that earnings limit double

Vika NSFW

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Quote from: Febo on October 03, 2015, 09:52:55 AM

In 35 years Russia will have 15% less population then today.

This date is wrong. Check the new data for last 5 years.

christycalhoun

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There is a lot of cheap labor in Asia so there is a lot of opportunities for entrepreneurs. I wonder how many of those millionaires in Asia are expatriates from the West.

bryant.coleman

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Quote from: neurotypical on October 03, 2015, 02:50:35 PM

China is prone to collapse. Thats what happens when you grow an economy based on low quality products, mass produced trash and low IQ people that aren't capable of actual innovation. It's unfortunate, im sure there are lots of good people there, but they are all doomed due their shitty goverment.

I have to agree with that. There is absolutely ZERO innovation in China. All they are doing is to steal techniques from German and Japanese companies, and then use their slave labor battalions to produce the same product at one-fourth the cost. As the wealth level across the world rises, the penchant for low-quality and cheap goods will take a hit. Countries such as China will be the worst hit ones.

neurotypical

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China is prone to collapse. Thats what happens when you grow an economy based on low quality products, mass produced trash and low IQ people that aren't capable of actual innovation. It's unfortunate, im sure there are lots of good people there, but they are all doomed due their shitty goverment.

bryant.coleman

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Quote from: alani123 on October 03, 2015, 02:40:56 PM

I think this is actually good news. The wealth inequality between the west and China was purposefully kept in place for decades although China had potential to harvest it's power and become a greater power in terms of capital. It's good to see growth coming from there, IMO it'll make way for more collaborations instead of competition.

The Chinese potential to grow further has been hampered by the slow economic growth and issues such as industrial pollution in the recent times. The stock market crash was another eye-opener. It seems to me that the Chinese economy grew at a pace, which was even more than the expectations. And now the time has come for the market correction.

alani123

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I think this is actually good news. The wealth inequality between the west and China was purposefully kept in place for decades although China had potential to harvest it's power and become a greater power in terms of capital. It's good to see growth coming from there, IMO it'll make way for more collaborations instead of competition.

bryant.coleman

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Quote from: ~Bitcoin~ on October 03, 2015, 10:41:24 AM

Yes i hope it will happen in reality till 2019 as i am also from asian countries. But there are lots of countries like nepal where the development is nill due to political situation. But yes india and china are having great economic growth.

Countries such as Nepal should attract foreign investment, if they want to grow economically. Right now, almost the entire GDP is dependent on remittances from Nepali laborers, who work in India and the GCC nations (such as Saudi Arabia, Qatar and Kuwait). There are very few natural resources in Nepal, and therefore they have few choices.

irfan01

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yes I guess it's true
in asia very much unemployment that cause them to make new discoveries and sell them so that they can become a millionaire

coinplus

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Because Asia covers many developing country whereas other continents either have developed countries (like eurpoe) or undeveloped countries (Africa)or few developing countries (S.america). So Asia got obvious reasons to have many millionaires and have big potential for bitcoin.

~Bitcoin~

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Yes i hope it will happen in reality till 2019 as i am also from asian countries. But there are lots of countries like nepal where the development is nill due to political situation. But yes india and china are having great economic growth.

Topic: 62% of New Millionaires come from Asia - page 2. (Read 4923 times)