McKinsey Report Says Asia’s Future Is Now

Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Search Just What's on Your Mind ? . . .

*this search pane is awesome, also enhanced by google, you won't h'v to leave MCB for your regular google search, thanks to magical power of ajax & jquery.


Hi Viewer,

*Please scroll down for your Story, Meanwhile as a MCB user please be noted: We do not allow typical good-bad-foul comment culture in this platform, rather if you want, you may post a counter-constructive story to this story by copy/paste this post link in your next Publish screen. Moreover MCB is an open platform where anybody can moderate anybody's post.

You may add your Story ;

Visit & Add: SocialStory

Add your News,
Views,
Consciences,
Etc.
as mcbStory

How to Post on MCB ?
No SignUp,
Just LogIn with our open credentials:

Publish News, Views, Consciences, Etc. 

Pick any one to Publish:

# 1 mcb

# 2 MyCtgBangla

# 3 MyStory

# 4 PEOPLEPRESS

# 5 WerMCBzen

WerMCBzen

Power to Edit/Add/Improve any Post ! 

Visit  MCB Policy

:) Citizen Journalism :)

mcb post icon


MCB is an Open Online Platform with a unique, one & only Open Online Profile – ‘WerMCBzen(wermcbzen)’ where you Possess the Power to Edit/Add/Improve any post or anybody’s content, but you should keep in mind, that Power always comes with some sort of responsibilities. So please be responsible by yourself to your Power.  It is made with Love for Lovable & Sensible People Only.

Story starts  hereThis image has an empty alt attribute; its file name is mcb-mversion-logo.png

LIVE: Twitter's Jack Dorsey and Facebook's Mark Zuckerberg testify before the U.S. Senate Twitter Chief Executive Jack Dorsey and Facebook
এবার নোয়াখালী থেকে ঢাকায় বেড়াতে এসে গণধর্ষণের শিকার কিশোরী | City Rape এবার নোয়াখালী থেকে ঢাকায় বেড়াতে এসে সংঘবদ্ধ ধর্ষণের
10 cheap DIY home renovations for the thrifty homeowner Whether you’re preparing to sell your home or staying put and
Interior Designer Education Requirements and Career Information Bibliography: Study.com / Interior Designer Education Requirements and Career Information. (2019, Aug 7
| Saudi Arabia | UNICEF | Saudi Arabia | UNICEF Skip to main navigationSkip to content We’re building a new
Wishes By Niazi October 10, 2018 Jumma Mubarak, Wishes 0 Comments If you want to greet your family members, best
How Many Countries Are in Oceania? By Geoffrey Migiro on December 17 2018 in World Facts Countries located in Oceania.
২৩ ঘণ্টা পর সিলেটের সাথে সারা দেশের রেল চালু | M.Bazar Rail Accident মৌলভীবাজারে ট্রেন দুর্ঘটনার কারণে ২৩ ঘণ্টা বন্ধ
Joe Biden cheers COVID-19 vaccine progress but says masks remain a must Amid the rise in coronavirus infection in the
দেশে করোনা ভাইরাসে প্রাণ হারিয়েছেন আরও ৩২ জন। Corona দেশে করোনা ভাইরাসে প্রাণ হারিয়েছেন আরও ৩২ জন। ২৪ ঘণ্টায় শনাক্ত
mcb post icon

Your Story here :

0
(0)
12 views

McKinsey Report Says Asia’s Future Is Now

A new report by the research arm of management consulting firm McKinsey says that Asia is on the cusp of emerging as the center of global economic activity. The firm’s report, “Asia’s future is now,” builds off of recent McKinsey studies of patterns of economic growth, production, and consumption in dozens of countries in Asia and beyond.

While Asia has been forecast as the locus of economic growth for decades, McKinsey says that time has now “arrived” and the “question is no longer how quickly Asia will rise” but “how Asia will lead.”

According to the study, around half of the world’s middle class will reside in Asia by 2020. Trade flows have already changed radically, shifting away from the model we’ve become familiar with in which low value-added goods flow from east to west. Increasingly, goods produced in Asia are consumed within domestic and continental markets. Fifty-two percent of Asian trade currently takes place within the region, which is not only highly integrated due to free trade agreements but also features growing middle classes buying the automobiles, mobile phones, refrigerators, and television sets manufactured locally.

The surge in consumption within the Asian continent extends beyond household goods and appliances into the luxury space. By 2025, 52 percent of global luxury personal goods consumers will be in Asia—up from 34 percent in 2012—as the number of “crazy rich Asians” rises.

But Asian economies are doing more than producing and consuming: they are also innovating. China has emerged as a leader in the development of artificial intelligence technology. Other east Asian countries are also competitors in this hotly contested space. And the capital that is fueling these leaders in next-generation technologies is increasingly coming from within Asia. One-fifth of global venture capital funding comes from China alone. And a third of the companies valued at $1 billion-plus—the so-called “unicorns”—are Asian.

The McKinsey report notes that 40 percent of the world’s 5,000 largest companies are Asian—and there’s great variation in ownership structure among them. Roughly two-thirds of Chinese Fortune 500 companies are state-owned. (And companies like Huawei fall into some gray zone.) while family-owned conglomerates are the most valuable publicly-traded companies in South Korea. So while the story of the future of the global economy is an Asian one, within Asia there is a dizzying array of economic and corporate models. Unpacking that complexity is key to assessing the future flows of trade and wealth in what many are calling “the Asian century.”

Arif RafiqArif Rafiq

Arif Rafiq is the editor of Globely News and host of The Pivot podcast. He’s contributed to publications such as Foreign Affairs, Foreign Policy, the New Republic, and POLITICO Magazine, and has appeared on broadcast outlets such as Al Jazeera English, the BBC World Service, CNN International, and National Public Radio. Rafiq is also a non-resident fellow at the Middle East Institute in Washington, DC.


MCB Love to Mention : )

Content Courtesy →

McKinsey Report Says Asia’s Future Is Now

Have A Views ?

Pay A Visit :

MCB-Australasia

How useful was this post?

Click on a star to rate it!

Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Search Just What's on Your Mind ? . . .

*this search pane is awesome, also enhanced by google, you won't h'v to leave MCB for your regular google search, thanks to magical power of ajax & jquery.

amazon - the gigantic shopping platform we have in this planet ! Shop anything you need from amazon.

tap above image & buy Luxury Beauty, Amazon Coins

A Transparent Face Mask Takes Off Amid Covid-19

popular products based on sales. Updated hourly.

Shop from Amazon Best Sellers


2020 Topps Baseball Complete Set Factory Sealed Retail Edition - Baseball Complete Sets


https://myctgbangla.com/137446

Add amazon product with your affiliate link and get click/earn :

 *select/add Category/Tag ::
 Shop from amazon 

shop all amazon best sellers

SHOP from amazon | All Amazon Best Sellers ...
Buy from Amazon

But…Who is Allah? amazon #1 Best Seller in Children’s Islam Books

But…Who is Allah? #1 Best Seller in Children's Islam Books Follow the Authors Bachar Karroum+ Follow Tanja Varcelija+ Follow But...Who ...
Buy from Amazon

Anna By Anuschka Handpainted Large Multi Pocket Hobo

Anna By Anuschka Handpainted Large Multi Pocket Hobo 100% genuine leatherImported✔ GENUINE LEATHER: It all begins with the leather & ...
Buy from Amazon

Ben-Amun Jewelry Helen of Troy Collection Vintage Set for Women

Ben-Amun Jewelry Helen of Troy Collection Vintage Set for Women Ben-Amun Jewelry Helen of Troy Collection Vintage Set for Women ...
Buy from Amazon

Crépe Erase 2-Step Advanced Body Treatment System – Buy from amazon

Crépe Erase 2-Step Advanced Body Treatment System DESCRIPTION Introducing Crépe Erase Advanced, your one-stop solution to treating dry, crépey skin ...
Buy from Amazon


*please keep in mind your post/page is always editable by the open online profile: WerMCBzen.

MCB is an Open Online Platform with a unique, one & only Open Online Profile – ‘WerMCBzen(wermcbzen)’ where you Possess the Power to Edit/Add/Improve any post or anybody’s content, but you should keep in mind, that Power always comes with some sort of responsibilities. So please be responsible by yourself to your Power.  It is made with Love for Lovable & Sensible People Only.

Edit: You're Empowered for Excellence !

SHOP from amazon | All Amazon Best Sellers