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China's middle class to change Australian economy

By Juwai, 01 November 2012
China Daily

Billionaire businessman James Packer is encouraging Australia to forge relationships with Asia through languages, culture, education, sports, and commerce, calling people to take on a new view of China.

James Packer recognizes the impact China's growing economy and increasing middle class will have on the Australian economy. His call to action is meant to encourage others to recognize this impact as well and to take advantage of the growth and potential it could have for the Australian economy.

China has shown a great deal of rapid and successful devlopment, boosting their own economy financially and helping to lift many of its own people out of poverty.

With their growing wealth also comes their growing interest in things such as signature restaurants, high-quality hotels, luxury travel destinations, and high-end retail.

Read more from this story on China Daily.

Tags: australia, china