Asian economies are growing

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China and india alternated in being the largest economies in the world from 1 to 1800 ad. China was a major economic power and attracted many to the east, and for many the legendary wealth and prosperity of the ancient culture of india personified asia, attracting european commerce, exploration and colonialism. The accidental discovery of america by columbus in search for india demonstrates this deep fascination.   asian economies are especially vulnerable to protectionism because of their trade openness and integration to global value chains. A global shift toward inward-looking policies could suppress asias exports and reduce foreign direct investment to asia. Furthermore, a bumpier-than-expected transition in china or geopolitical tensions in the region could also weaken near-term growth. Among the worst-hit major asian economies projected to slow more than expected, hong kong already battered by the months-long unrest could grow 0. The asian development bank says bangladesh, india, tajikistan, myanmar, cambodia and vietnam are the economies likely to see the most rapid rates of development next year. Asias brightest emerging stars will comprise india, vietnam, and the philippines, due to their populous and fast-growing economies.   i want to talk about the growing presence, and future role, of the asian emerging market economies in the world economyand kuala lumpur is the perfect place to do so. Here, as elsewhere in the region, outward-looking policies are proving key to a strong economic performance, even in the current difficult international environment. Learn vocabulary, terms, and more with flashcards, games, and other study tools.   growth of around 2 is projected across advanced economies this year and next. Japan is an exception to this, with aprils projection predicting growth of less than 1 this year and negative growth next year.

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