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Asia / Pacific

What Southeast Asia needs to become a major player in artificial intelligence

– For artificial intelligence to take hold in Southeast Asia, the region needs more defined business use cases, better data ecosystems, and more concerted talent-development efforts.

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The new dynamics of financial globalization

– Cross-border capital flows have fallen 65 percent since the financial crisis as global banks retrenched, but a more stable form... of financial globalization is emerging.

Artificial intelligence: Implications for China

– The country is becoming a hub for global AI development. Five priorities can help China harness AI for productivity growth and... prepare for the societal shifts it may unleash.

China’s role in the next phase of globalization

– The country could exert leadership in seeking to preserve globalization’s benefits while addressing its downsides.

India’s economy: Why the time for growth is now

– The driving forces of the country’s growth—including urbanization, a rising middle class, and increasing consumer spending—are... ripe for companies to seize upon.

Meeting China’s productivity challenge

– The country’s investment model for growth is losing steam. Shifting to a productivity-led model could add more than $5 trillion... to its economy—if China can make the transition.

India’s ascent: Five opportunities for growth and transformation

– The country could create sustainable economic conditions in five ways, such as promoting acceptable living standards, improving... the urban infrastructure, and unlocking the potential of women.

How India’s largest private bank fosters gender equality

– ICICI Bank managing director and CEO Chanda Kochhar talks about the future of women in India and how the company is seeking to... ensure its female employees thrive.

The power of parity: Advancing women’s equality in India

– Achieving gender equality in India would have a larger economic impact there than in any other region in the world—$700... billion of added GDP in 2025—but comprehensive change is needed.

Gauging the strength of Chinese innovation

– China does well in customer- and manufacturing-oriented innovation, though not in the more advanced varieties. But the country... will need them to sustain growth.

How a private-sector transformation could revive Japan

– With its working-age population shrinking, Japan will need to focus on productivity as never before. A major private-sector initiative... to accelerate productivity growth could create a “fourth arrow” of economic reform.

How Asia can boost productivity and economic growth

– Growth in China and other parts of Asia will depend on skills training, more process mechanization, and better resource use, says... McKinsey director Jonathan Woetzel.