Asia’s economic prospects

Asia’s economic prospects by 2025 appear strong. Yet despite historic economic success and resilience since the global financial crisis, the continent faces a range of challenges including escalating trade protectionism, graduation from international support measures, external debt and an ageing population.

Asia is diverse with countries of varying population size, geography and economic dynamism. Asia’s giants, China, India and Japan, are experiencing varying growth challenges, while several middle-income countries (MICs) are likely to be vulnerable to trade and income shocks, as well as rising income inequality. Asia’s MICs also offer substantial opportunities for trade and investment.

Against the backdrop of Beijing’s Belt and Road Forum, this event examines the economic implications of China’s development strategy for other Asian countries and explores macroeconomic prospects for Asian economies and how countries such as the UK could work to seize opportunities and address vulnerabilities.

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