"When you look at the Asians, the Asian is very gifted in creation, creativity and inventions. If you go to Japan or any Asian country, they can turn a television into a watch. They're very creative. And you look at the Indians, they have been very gifted in the spirituality."

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The confidence is really driven by the woman - whether she can have the confidence that there will be enough earning or income to finance all the domestic spending - but also by the middle-income class, which for many Asian countries has become the growth power for the economy.

— Sri Mulyani Indrawati