Aging Asia needs new care models

A common thread across advanced economies, from Germany to Japan to the United States, is for their populations to grow rich in parallel with growing old. With more wealth to cushion themselves, couples opt to have fewer children. Benefiting from better health care, people live longer. Emerging market Asia is largely following this trend. As the region has made great strides in reducing poverty levels and seen a burgeoning middle class, it is also rapidly graying.