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The Asian Development Bank has forecast that China could be the world’s largest economy as early as 2025. Given an event horizon of less than 20 years, how should we be responding? "> Asia's journey from the 1997-98 financial crisis to being one of the world's most dynamic regions in terms of trade, development and investment activity, can best be termed as a 'Renaissance'. The world's centre of economic gravity is shifting towards Asia, as it currently accounts for 27 percent of international trade. This growth is mainly driven by the exemplary performance of the emerging Asian countries, including China, India, Hong Kong, Thailand, Malaysia, Singapore and Vietnam. The share of these emerging Asian countries in world trade increased from 13 percent in 1990 to 20 percent in 2004. "> Though the population of China has almost doubled since the 1960s and now exceeds 1.3 billion, it is no longer perceived as a threat. China has undergone profound demographic upheaval over the last forty years and its turbulent history is reflected in a population pyramid that illustrates the new challenges facing the country: the prospect of an ageing population and a shortage of young girls."> The annual Asian Development Outlook provides a comprehensive economic analysis of 42 economies in developing Asia and the Pacific. On the basis of the Asian Development Bank’s unique knowledge of the region, this 17th edition overviews aggregate trends and medium-term prospects by subregion - East Asia, Southeast Asia, South Asia, Central Asia, and the Pacific - in the context of global economic movements.
"> The East Asian economy (excluding Japan) is projected to grow by 7.0% in 2006, according to a report released today by the Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO). The report, entitled "2006 Economic Outlook for East Asia", provides growth estimates for 2005 as well as prospective 2006 growth figures for China, the four Asian NIEs (the Hong Kong Special Administrative Region (SAR), the Republic of Korea (ROK), Singapore and Taiwan) and the ASEAN 5 (Indonesia, Malaysia, the Philippines, Thailand and Vietnam).
China’s Future, Your Strategy
Asian Leadership in Trade and Associated Risks
Chinese population challenges: fewer girls, more old people
Asian Development Outlook 2005
East Asian Economic Outlook for 2006
Together They Stand

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