Asia's decade: Prepare today for the global economy of the future

Urbanisation and spending tailwinds put it in good stead

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Mike Bell of J.P. Morgan Asset Management
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Mike Bell of J.P. Morgan Asset Management

Rising incomes in Asia will probably be the most important investment story of the 2020s. Asia is home to 60% of the world's population, with both China and India each accounting for about 18% of the global total.

As incomes rise, the Asian middle class is expected to grow by about 1.2 billion people by 2030, significantly boosting consumption. As a result, Asia is an investment opportunity that's simply too...

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