Asian Century Has Begun
Hello, Asian Century!
Asia now accounts for more than 50% of the world in:
🔹GDP growth
🔹Trade
🔹Manufacturing
🔹Patents
🔹Middle Class
In FDI and a couple of others, Asia will soon represent a majority of the world.
China, of course, is the big reason in most of these metrics. India accounts for the fastest growth in middle class.
McKinsey Report:
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