With growing concern surrounding the Trump administration in the United States, many investors are turning their attention to Asia’s economic giants. From China’s One Belt One Road initiative to India’s push for improved infrastructure, the investment community is being drawn to the opportunities to invest in the Asian region.
The Chinese government has spent decades investing both time and money into building a strong domestic economy. As a result of their efforts, China was able to withstand the challenges of the 2008-2009 global financial crisis and still flourish. The country’s continued growth at approximately six percent has supported an aggressive investment strategy that includes investing in international shipping, as well as logistic investments. Perhaps the best example of this is COSCO’s major investment in the Port of Piraeus, in Greece.
Once seen as simply a source of cheap labor and manufacturing, India has emerged as an economic giant – not only in Asia, but in the world as well. To support the country’s steady growth above five percent, Indian officials have begun investing in ports and infrastructure. This has created opportunities for the international investment community to invest in shipping, logistics, and infrastructure in the region.
The Association of Southeast Asian Nations (ASEAN) is a regional organisation made up of ten Southeast Asian states, including Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Cambodia, Laos, Myanmar, and Vietnam. The group focuses on establishing and supporting partnerships in economic growth, social progress, and socio-cultural evolution. This approach has resulted in a strong regional economy that grew at nearly five percent in 2016.
Albeit many of the economies mentioned above are regarded as emerging markets and developing countries, their continued track record of growth and opportunities are giving investors the confidence they need to invest. With Western nations still experiencing economic challenges, their potential for growth is not as great as those of the East’s leading economies. For many investment-seekers seeking profitable opportunities, this means pursuing investments in foreign countries and regions across the globe; in particular, Asia.