Asia is a hub of activity

I’m in Singapore attending the World Economic Forum’s annual meeting of Asian business, political and civil society leaders – and the buzz is tangible.

Participants seem to agree that the centre of the world’s economic gravity has shifted to Asia. This region is the emerging hub of global economic activity.

This Asia Roundtable has drawn an impressive list of participants including Heizo Takenaka, Minister of State for Economic and Fiscal Policy and Privatization of the Postal Services of Japan, His Majesty King Abdullah of Jordan and Peter Mandelson, the European Commission’s Trade Commissioner.

Whilst India and China are the two words on everybody’s lips, participants are also addressing how the rest of Asia’s economies can avoid being squeezed out by the emerging giants and benefit from the region’s rapid growth. I was particularly interested to hear political and business leaders talk about the need to develop alternative sources of energy to fuel the region’s growth. Pressure on natural resources is too big-of-a-problem to ignore for much longer…

Read our website to get more indepth coverage of the Asia Roundtable.

Posted by Samantha Tonkin at 04:21

lmleitao

Probably we’ll see in the next years a change of the economic center from Europe and USA to Asia.
In this evolution i think the most espectacular change will be the squeeze of the smallest country in this area by the biggest emerging countries, like China, India and Singapure, starting from the financial markets in the next 5-6 years.
Stoykov

Forget about this idea … China and capital markets – it wil take at least 20-25 years. They lack any data, the market is quite regulated and clearly the credit market is relatively small if any.
Have you tried to analyze Chinese economy? Their government websites are in chinese ONLY! Why? I used to live in communist regime and it is pretty clear why – the first move while taking the power was always change of the national statistics head.
Well … anyways at some point of time the level of wages will be high enough so that the developed countries will look for some better opportunities to invest their wealth – South America for US and Russia and Eastern Europe for Europe.
Jane

My first time to come here, it’s attractive.
http://www.armandroussoblog.com Armand Rousso

Asia and China are posing big threats to the currently dominating economies. It is slated, and i have this informtion from various resources, that Asia will definitely emerge as the master controller of the world economy – come another 7-8 years!
If America wants to continue having the reins of the world in its own hands, a lot of homework has to be planned and executed.
Armand Rousso
http://www.salecarparts.com/ jack

Chinese in great economics but what make me worry is no democracy, that dangerous for investor in the future.
http://yo.dneezz.ru/pages/mac%20games.html r. Cheryl Alexander,

Dr. Cheryl Alexander, 1945-2006

r. Cheryl Alexander, 1945-2006
http://icucl.info/slice-115/index.html Command Confirms

U.S. to Move 3,700 Troops to Baghdad

Command Confirms It Will Move 3,700 Troops to Baghdad to Try to Stop Violence
http://profile.typekey.com/armandrousso/ armand rousso

Hi Stoykov, I agree with : China and capital markets – it wil take at least 20-25 years. They lack any data, the market is quite regulated and clearly the credit market is relatively small. But I may change soon.They know how to adapt each market. Armand Rousso

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Asia is a hub of activity

By: Samantha Tonkin

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