Much has been made of China's growing group of super rich which has spurred record sales for luxury goods makers such as Chanel, Louis Vuitton and Prada. The nation has an estimated one million people with a net worth of $1 million or more, and that is expected to grow 2.5 times in the next three years.
But much of the hope of the rising domestic spending rests with China's growing middle class. There are an estimated 350 million people in China's middle class, which are households that earn between $6,000 and $15,000. A government think tank predicted last week that by 2020 there will be 600 million Chinese earning middle-class incomes.
Even as our acceptance of less rigid gender roles grows in other areas, the pressure on boys to be "toned and muscular" represents a return to a traditional notion of masculinity and what it means to be a man.
Top executives often fall flat on their faces as speakers. How come intelligent, business-savvy people end up boring their audiences? They fail to recognize that public speaking is an acquired skill that improves with practice and honest feedback.