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| Author: | Ma, Hong |
| Title: | Asia and China heading for the 21st century (original in English) |
| Journal: | World Economy & China (c)
1996 : OCT, VOL. 4:5, p.15-25 |
| Index terms: | ECONOMIC FORECASTING ASIA CHINA |
| Language: | eng |
| Abstract: | Asia, especially East Asia, is the world's fastest economic growth region. The Asian economies have strengthened their inter-regional ties through trade and investment. The great attention is paid to Asianization and modernization of Asia. Some problems i.e. the deterioration of the environment and poverty are facing Asia. In the 21st century, Asia will become the world's most important location for investment and the biggest market. Japan will enter upon a phase of low-speed economic development. The development of Asian economy will rely not only on the expansion of export, but increasingly on the growth of the domestic demand. The south Asia will speed up their economic growth through economic reform. The Chinese economy can achieve sustained, swift and sound development. China will still be a developing country in the middle of next century. |
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