A recently released survey found that consumers in the Asia-Pacific region are still interested in wining, dining and fashion, but the financial crisis has spurred them to save more and search for bargains. "In many markets, people are still very keen on certain discretionary items, but there is no escaping the conclusion that people will become more price-sensitive," said Yuwa Hedrick-Wong, the Asia-Pacific economic adviser at MasterCard.

Full Story:

Related Summaries