A'Ohlin Commercial Insights

Developing Asia remains the fastest growing region globally – new report by ADB 2014

A new report by Asian Development Bank states, “Many regional economies have in recent decades spurred their income and employment growth by connecting with global value chains. Strengthening these links with cross-border production networks can further cement developing Asia’s reputation as the world’s workshop.”.

What does this mean for Australia? Stephen Grenville from the lowyinterpreter.org suggests, “Many of our best opportunities will be found in services…:

• Our engineers are seen all over Asia, in mining and infrastructure
• Australian accountants, lawyers and financiers are there too.
• Supply-chains should provide new opportunities, especially as Asian manufacturing goes up-market and needs sophisticated design and better distribution know-how to gain greater access to Western markets.”

read Stephen Grenville’s article

download ADB Outlook 2014 (full report)

download ADB Outlook 2014 (highlights)