Article

Could the next normal emerge from Asia?

– The coronavirus pandemic is reshaping the global economy. Asia, the first part of the world affected by the crisis, has come through crises before and emerged stronger from them. We have reason to believe it can do so again. In a post pandemic world, can Asia’s nations and companies play a major role in defining the next normal?

Coronavirus in Asia

Section headline

McKinsey leaders from across the region discuss the forces, opportunities and challenges that are shaping the future of Asia.
Article

Could the next normal emerge from Asia?

– The coronavirus pandemic is reshaping the global economy. Asia, the first part of the world affected by the crisis, has come through crises before and emerged stronger from them. We have reason to believe it can do so again. In a post pandemic world, can Asia’s nations and companies play a major role in defining the next normal?

Trade and network flows in Asia

The rise of regional value chains

As consumption rises, more of what gets made in Asia is sold in Asia instead of being exported to the West. Countries and companies have an opportunity to rethink their roles in deepening regional value chains and trade flows.
Discussion Paper - McKinsey Global Institute

The future of Asia: Asian flows and networks are defining the next phase of globalization

– The Asian Century has begun. Asia is the world’s largest regional economy and, as its economies integrate further, it has the potential to fuel and shape the next phase of globalization.

Companies in Asia

New players, new playbooks

Asian firms have risen to market leadership not only in industrial and automotive sectors but also in areas such as technology, finance, and logistics. Yet their ownership structures, growth strategies, and operating styles are often very different from those of Western rivals.
Article

Corporate Asia: A capital paradox

– Asian corporations now account for 43 percent of the world’s largest 5,000 companies, contributing $19 trillion in revenue to the world economy every year. But has this growth come at a cost?

Technology and digital in Asia

From imitation to rapid innovation

Asia is shaping the future of digital innovation globally. From online commerce and mobile payments to robotics and smart cities, the region is taking a leading role in the development and deployment of new technology.
Article

Winning in a world of ecosystems

– For traditional firms seeking to elevate their digital footprint, ecosystems represent an opportunity to boost growth, performance, and outshine competitors. Here's a look at what ecosystems can offer.

Consumers in Asia

Engine of consumption growth

The growing Asian middle class will soon be three billion strong. However, the region’s consumers are as diverse as they are powerful. Whether they are Asian or Western, brands need highly targeted strategies to succeed across such a diverse and fragmented region.
Report

China consumer report 2020: The many faces of the Chinese consumer

– Five trends emerged in the latest research from our Chinese Consumer Survey, offering insight into what over 5,000 consumers in the region think about spending, brands, health, and more.

Banking in Asia

Reinvention in progress

Asia is the world's largest regional banking market and a leader in financial innovation. With growth slowing, banks across the region are embarking on radical transformations.
Report

How Asia is reinventing banking for the digital age

– The West has led the world’s banking industry in growth and innovation, but now Asia is tilting the scales. As the pace of growth slows, Asia’s banks must reinvent themselves to survive.