The rise of digital technology businesses has the potential to transform the Chinese economy. Digital innovation is becoming the country’s new driver of growth, raising national competitiveness, incomes, and living standards. As China is reaching the point where the rise in wages has made China less cost-competitive as an exporter, the country is attempting to …
Asia’s Chief Executive Perspectives The Asia Business Council’s ninth annual survey of members was conducted in July 2014. Common themes that emerged were a renewed confidence in the recovery of the U.S. economy, and concerns over China’s continued growth, geopolitical tensions in the region, and challenges of technological disruption in a changing marketplace. 55% of …
Asia’s economic growth in the past half century has hinged on its “demographic dividend” – it is home to well over half of the world’s population and the majority of the world’s skilled and unskilled workers. Yet many parts of Asia are facing a job creation challenge, a malaise that has hit developed and developing …
Asia’s Chief Executive Perspectives The Asia Business Council conducted its eighth annual survey of members asking about their economic outlook and investment plans. This year, members were more upbeat than in 2012, although optimism was tempered by concerns of a Chinese slowdown. Japan was mentioned as a positive element, where Abenomics loose monetary and fiscal …
The watch trade plays a crucial role in China’s system of corruption and crony capitalism. If Beijing hopes to clean-up its act it will mean fewer Swiss-made timepieces on the wrists of Chinese officials. By Asia Business Council Executive Director Mark Clifford.
The resource-rich land remembered for the khans and sandwiched between two giants seeks a path to becoming a modern country. By Asia Business Council Executive Director Mark L. Clifford.
Responses to the Asia Business Council’s annual survey show the lowest level of business optimism among executives since the onset of the 2008 financial crisis. Uncertainty has increased, and so has a lack of confidence in global political leadership. The region’s business leaders are preparing for a long, grinding recovery. By Princeton in Asia Fellow …
Russian President Vladimir Putin wants Russia to look east, where countries like China have a huge appetite for resources, but problems such as corruption and government interference stand in the way. By Asia Business Council Executive Director Mark L. Clifford.
The formerly reclusive Southeast Asian nation is undergoing an economic liberalization similar to what its northern neighbour embarked on in 1978. By Asia Business Council Executive Director Mark L. Clifford.
