NUS scholar sees potential for Asia’s middle class to complement U.S. consumers-Xinhua

A woman walks on a street in Singapore’s Raffles Place on March 29, 2022. (Photo by Then Chih Wey/Xinhua)

SINGAPORE, April 17 (Xinhua) — U.S. broad tariffs on trade partners are prompting a rethink of global economic alignments. For Alfred Schipke, director of the East Asian Institute at the National University of Singapore (NUS), Asia’s growing middle class may offer a path forward.

“Couldn’t Asia focus on providing goods and services to that class complementing, and even at some point, supplementing American consumers?” Schipke said in an interview with Xinhua on Tuesday during the 2025 Think Asia Forum.

“It will not be an easy process, but I think it is something worthwhile…

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