Southeast Asia is likely to outpace China's economic growth and inflow of foreign direct investments over the next ten years as the region benefits from growing demographics and a global supply chain shift. https://lnkd.in/gVJBmwZb
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Southeast Asia is likely to outpace China's economic growth and inflow of foreign direct investments over the next ten years, a new study shows, as the region benefits from growing demographics and a global supply chain shift. https://lnkd.in/gN5awgUz
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China growth at…5.2% in 2024. These numbers are ‘controlled’, and as such are likely to overestimate the ongoing growth of the Chinese economy. We do know that the property market is in a perilous state and that they are suffering from low inflation. Their policy responses may be struggling to deal with their turning demographics as the ageing population overwhelms the rest of the economy. https://lnkd.in/d_rUdBAf
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By 2025, it is projected that 55% of Nigerians will live in cities or towns as a result of 50% growth in population in urban areas, which represents the fastest urban growth rate globally, ahead of China and India. Another trend impacting consumer behaviour is the rise of ‘disloyalty’ with 88% of consumers across Africa and the Middle East ready to defect from a current brand choice and 45% of consumers saying they love to try new things. In such a scenario, it becomes all the more important to understand consumer attitudes and perceptions and how they make choices. Uncover the interplay of the economic, social, and cultural factors shaping consumer behaviour and expectations across Africa in this report which explores in great detail the factors driving this optimism, and understand the delicate balance between consumers' willingness to pay a premium for quality and their price sensitivity. Download here: https://zurl.co/Z474 #AfricanConsumerTrends #ConsumerTrends #PierrineReports
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China's population has experienced a second consecutive year of decline, marked by a record-low birth rate. In this video story, we delved into the underlying reasons behind this demographic shift and its implications for the global landscape. Take a look at the video for a comprehensive understanding. https://lnkd.in/e_QPFjHA
What China's Shrinking Population Means For The Global Economy
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China’s economy grew by 4.7 percent year-on-year in the second quarter, according to official data released on Monday, falling short of forecasts and reflecting a slower pace of growth compared to the previous quarter. In the long term, China's growth prospects face challenges due to a significant population decline. A recent UN report underscores major demographic shifts. #un #demographic #emergingmarkets
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Last night our CE Suzannah Jessep spoke at Asia Forum on 'Looking back and looking forward: strengthening and transforming New Zealand’s engagement with Asia' 🌏 Here are some of the key points shared: 📍 The distance between Asia and New Zealand is shrinking rapidly – through our communities, technology, our private sector, environment and oceans, and our security. 📍 New Zealand must be equipped to engage with Asia and navigate a region that has been relatively peaceful and is now much more complex. 📍 In 50 years, one in three New Zealanders will be 65 years or older. Demographics point to a future where South and Southeast Asia is the world’s future workforce. 📍 Today half the world’s population lives in Asia, with India and China alone accounting for one third of the world’s population and one quarter of global GDP. 📍 By sheer demographics alone, the future of goods and consumption will be set in Asia. New Zealand’s success will be judged by the degree to which we can cater to the needs of these emerging consumers. 📍 Asia houses half of the world's internet users, and it’s no surprise that future content will be increasingly produced in the Asia region. The talk was followed by a great discussion on the key issues facing the Asia region, the evolution of Asia-New Zealand relations. Thanks to Asia Forum Chair, Farib Sos, hosts Bell Gully, and Foundation Honorary Adviser Simon Watt 👏
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Thank you Nicolas Forest for sharing these population projections for China and India. Indeed, if the UN's medium scenario materializes, it's likely that China's economic growth will drop sharply in the coming decades to similar level experienced by developed countries ie less than 3%. One has to realize that even GDP growth lower than 3% implies major economic changes. To convince yourself, just look at the evolution of our ecomonies over the past 50 years...For more data and analysis on the link between GDP and population growth, you can refer to the chapter 2 of Thomas Picketty's book 'Le Capital au XXIème siècle'. Another interesting fact is that while the population in Asia is expected to decrease by 2100, the African population is conversely expected to increase massively in the same period. Therefore, the ongoing economic shift from the Western world to Asia will at some point become a shift from Asia to Africa...by 2100.
China’s economy grew by 4.7 percent year-on-year in the second quarter, according to official data released on Monday, falling short of forecasts and reflecting a slower pace of growth compared to the previous quarter. In the long term, China's growth prospects face challenges due to a significant population decline. A recent UN report underscores major demographic shifts. #un #demographic #emergingmarkets
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Managing Director Asia ► Forbes Business Council Member ► I help Business Leaders deliver Growth and Expansion ► Strategy Development & Execution ► Funding Strategy ► Leadership Development ► Finding Partners
It’s again #Vietnam and #India. Two countries which are in a sweet spot right now. ✅ Demographics ✅ Geopolitics ✅ Costs ✅ Market opportunity All working in their favor👏 And helping them attract investments as global supply chains diversify.👍 So, if expansion to ASEAN and India is part of your growth strategy, let’s connect. #business #manufacturing #growth
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China faces a second consecutive year of population decline, with a 2.08 million drop in 2023, raising concerns about future growth. The birth rate is now at 6.39 per 1,000 people, aligning with developed East Asian countries. Despite policy changes and incentives, challenges like rising living costs and career focus hinder young people from having more children. This decline poses dual challenges of a shrinking workforce and an aging population for China's government. gotonews.com #PopulationDecline #ChinaDemographics #EconomicChallenges #GlobalNews #gotonews
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New Survey Results on Generational Differences and Age Perceptions 🧑🧑🧒🧒 WWS data finds that the global population stops feeling young at 42. South Koreans feel young the longest, until 52, whereas in the Philippines, people stop feeling young the earliest, at 30. Dive into the results: https://lnkd.in/dAvYJk79 #WINMR #ClimateChange #Sustainability #SustainableBehavior
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