The Lunar New Year is a time for celebration, new beginnings, and looking ahead. This year, the festivities coincide with a period of immense potential for Asia, driven by five newly emerging and fast-growing business corridors. While transition and uncertainty grip many parts of the world, Asia remains a beacon of global connectivity, boasting 18 of the 20 fastest-growing business corridors and 13 of the 20 largest.
“Asia’s business leaders are eager—and ready—to harness the opportunities,” write McKinsey’s Gautam Kumra and Yuito Yamada. “More than 80 percent of respondents to an Asian Business Council survey expressed optimism about a new era for Asia.” But this optimism is tempered by the imperative to change and ask the hard questions about demographic changes, infrastructure challenges, the energy transition, and more. Explore these insights for more on the future of Asia.
Asia’s emerging business corridors: New highways to growth
Talking about the hard stuff: Where are we in the energy transition?
Asia-Pacific consumer sentiment: A mix of growth and challenges
Southeast Asia quarterly economic review: Mixed growth