SlideShare una empresa de Scribd logo
1 de 162
Descargar para leer sin conexión
the digital
frontier
REPORT
1
ASIATECH RESEARCH
The Asian Century
#asiamatters ASIATECHRESEARCH
Graham D Brown
Report Author
Thanks for reading my #asiamatters Report
“The Asian Century”.To learn more about
what I do, and get regular updates and
insights from my Asian research, connect
with me on Linkedin.
Connect with me on Linkedin
ASIATECHRESEARCHASIATECHRESEARCH
“If you were smart in 1807
you moved to London,
if you were smart in 1907
you moved to NewYork City,
and if you are smart in 2007
you move to Asia.”
- Jim Rogers
#asiamatters
ATP ATP ATP ATP
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Acknowledgements
Go follow the people featured in this 4 part report
to learn more about why #AsiaMatters
@grahamdbrown
@michaelwaitze
@casey_lau
@gloomboomdoom
@tonyverb
@garrett_geoff
@moodyrain
@sbabones
@ukinburma
@pingroma
@McKinseyChina
@anu_china
@airlinequality
@david_drvr
@sgblank
@kaifulee
@pomeranian99
@StartUp_AB
@faldesai
@tvmohandaspai
@jamesgiancotti
@mobikeflo
@joshsteimle
@visionthing
@yourchinaguy
@michaeltegos
@JLLResearch
@vlauria
@chakraberty
@jonrussell
@startupgenome
@mikaalabdulla
@benjaminjoffe
@ikkai_app
@waltersimmx
@taispy
@ginnyeckblad
@williambaobean
@AGraylin
@gimmeausername
@JeromeNSC
@gregdomo
@tianglim
@betabay
@noktonlux
@kyleellicott
@stevenliewsg
@robzepeda
@openportmax
@marty_roberts
@jacqui_hocking
@dreampipe
@Guy_He
@leannebeesley
@ashleydudarenok
@toft_martin
@Chris_Mischler
@YodWongnai
@djoannfal
@timmyruss
@matthewmayer
@jun_omise
@jaysonhoasia
@nomadcapitalist
@tak_lo
@junyamadera
@neohrina
@asiatechpod
@harpremd
@charlesdhaussy
@tspouplin
@sartorialsingh
@alexduncan
@bobgallagheruk
@kepios
@BrookingsInst
@BartBellers
@nutonomy
@rosieperper
@dunneautomotive
@OutOnALumb
@yueyueyuewang
@the_finlab
@vuulr_official
@mukeshbubna
@collectionist
@iam_preethi
@michellekatics
@jonathanwoetzel
@bicaho
@sankalpshangari
@jakoblykkegaard
@simondixontwitt
@matveevp
@surasitsachdev
@carson_mckelvey
@praveenvelu

@HelloFrankLavin
@PaulWBradley
@bambu_life
@azmulhaque
@shaunrein
@marcojelli
@danablouin
@bernardleong
@salsabeela
@belinkarena
@michelini
@steven_okun
@stevefeiner1
@Chilco
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
TIP: Save time by clicking the twitter icon
on a slide to tweet a ready-made insight,
data point or quote
try it now…
click here
ASIATECHRESEARCH#asiamatters
The world is going to wake up
one day and ask,
“when did that happen?”
“…how come nobody told me
about this?”
#asiamatters
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
This is that story
told in 4 parts…
#asiamatters
ATP ATP ATP ATP
Starting here
download them free from www.AsiaTechResearch.com
#asiamatters
Get All 4 Reports in this Series
ASIATECHRESEARCH
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
The Asian Century
So, let’s get
started
with
Part 1…
ASIATECHRESEARCH#asiamatters
Asia awakens
ATP ATP ATP ATP
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
First…
some random facts
#asiamatters
ASIATECHRESEARCH#asiamatters
… the number US buildings listed in
the world’s top 10 tallest by 2020
ATP ATP ATP ATP
you can click me
0
ASIATECHRESEARCH#asiamatters
… the number of economies *outside* Asia
that will make up the “Big 5” in 2050
ATP ATP ATP ATP
1
ASIATECHRESEARCH#asiamatters
… Number of years left until China
becomes the world’s biggest economy
ATP ATP ATP ATP
2
ASIATECHRESEARCH#asiamatters
… Revenue of ride-hailing apps in South
East Asia in $US billions (2017)
ATP ATP ATP ATP
5
ASIATECHRESEARCH#asiamatters
… the number of years younger the average
Indonesian is than the average American (28 vs 38)
ATP ATP ATP ATP
10
ASIATECHRESEARCH#asiamatters
… % of females engaged in entrepreneurship in
emerging markets (vs US 10%)
ATP ATP ATP ATP
13
ASIATECHRESEARCH#asiamatters
… Number of planned Chinese buildings that
will be taller than One World Trade Center
ATP ATP ATP ATP
15
ASIATECHRESEARCH#asiamatters
… the number of years left until the
Indonesian economy overtakes the UK
ATP ATP ATP ATP
22
ASIATECHRESEARCH#asiamatters
… the % of Vietnamese company board
members who are women
ATP ATP ATP ATP
30
ASIATECHRESEARCH#asiamatters
… Chinese e-commerce as a % of
global market
ATP ATP ATP ATP
53
ASIATECHRESEARCH#asiamatters
% of the world’s middle class living
in Asia by 2030
ATP ATP ATP ATP
66
ASIATECHRESEARCH#asiamatters
… % of all the world’s consumer electronics that
had some component built in Shenzhen China
ATP ATP ATP ATP
80
ASIATECHRESEARCH#asiamatters
… % of Filipinos surveyed who said
“Globalization is a force for good”
ATP ATP ATP ATP
85
ASIATECHRESEARCH#asiamatters
… % of the world’s top 10 largest
shopping malls located in Asia
ATP ATP ATP ATP
100
ASIATECHRESEARCH#asiamatters
… number hours more American entrepreneurs
spend filing taxes every year compared to
Singapore
ATP ATP ATP ATP
101
ASIATECHRESEARCH#asiamatters
… % growth in financing for startups in
Asia last year
ATP ATP ATP ATP
117
ASIATECHRESEARCH#asiamatters
… Infrastructure spend in BILLIONS $US
on China’s One Belt One Road project
ATP ATP ATP ATP
5000
ASIATECHRESEARCH#asiamatters
… Average cost of heart bypass in
Thailand in $ (comparison $130,000 US)
ATP ATP ATP ATP
11000
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
and finally…
#asiamatters
ASIATECHRESEARCH#asiamatters
25,386,927,848 … Alibaba sales
(in $US) on one day in 2017
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
That was
Singles Day (11/11)
when transactions
peaked at
325,000
per second
ASIATECHRESEARCH#asiamatters
“This is the Asian Century.
The region is changing faster than
arguably anywhere at any time in
history, and innovation is at the
heart of this transformation.”
- Casey Lau

ATP ATP ATP ATP
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
TIP: You can go deeper and listen to podcast
interviews with the experts featured in this
report when you see this button
try it now…
click here
Listen to Casey Lau’s
interview on ATP
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Shift happens…
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Take a fresh look at
the world map…
ASIATECHRESEARCH#asiamatters
There are more people living
inside this circle than outside it…
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
4 of the World’s 5 Biggest
Economies in 2050 will be inside
that red circle
JP
11
ID
15
IN
64
US
71
CN
106
Economy GDP $US Trillions 2050
SOURCE:ASIA TECH PODCAST BASED ON ECONOMIST
INTELLIGENCE UNIT DATA 2017
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
This is a story of massive growth,
not witnessed for generations…
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
It’s a sea-change creating unprecedented
levels of capital concentration
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Building out a tech future with
or without Silicon Valley
…and a new generation of entrepreneurs
emboldened with confidence
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
…building out a future with or
without Silicon Valley
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
This is the story of why Asia
matters…
ATP ATP ATP ATP
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
…and the story starts here
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Megacities
ASIATECHRESEARCH#asiamatters
Megacities are the engine of Asia’s
economic growth
ATP ATP ATP ATP
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
“I don’t see why in the future
China wouldn’t have
15-20 Silicon Valleys”
- Jonathan Woetzel, 

Director McKinsey Global

ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
“15-20 Silicon
Valleys…”
…and that’s just China
ASIATECHRESEARCH#asiamatters
Megacity Population
Growth 2011-2025
Shanghai
NewDelhi
Dhaka
Mumbai
Karachi
Kolkata
MexicoCity
NewYork
Manila
SaoPaolo
LA
B.Aires
Tokyo
ATP ATP ATP ATP
Megacity Popn Growth
SOURCE:ASIA TECH PODCAST BASED ON
OXFORD ECONOMICS DATA 2016
New Delhi
Shanghai
Dhaka
Mumbai
Beijing
Karachi
Calcutta
Mexico City
NewYork
Manila
Sao Paulo
Los Angeles
Buenos Aires
Tokyo +2 mn
+2 mn
+3 mn
+3 mn
+4 mn
+4 mn
+5 mn
+5 mn
+6 mn
+7 mn
+7 mn
+8 mn
+8 mn
+10 mn
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
The Evolution of Asian
Megacities is a Virtuous Cycle
D
em
ographic
A
dvantage
C
om
petitive
A
dvantage
W
ealth
C
reation
Influx
ofTalent
Phase 1: large numbers
of young rural migrants
move to cities
Phase 1: local business
gains significant scale
economies from cheap
labor
Phase 1: evolving
middle class invest
money in assets
Phase 1: wealth
attracts Phase 2 of
skilled migrants from
other cities
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
NewYork Harbin Jinan Nanjing Shantou Changzhou Xian Hangzhou Tianjin ChongqingChengdu Wuhan Shenzhen Beijing GuangzhouShanghai
34 mn
25 mn25 mn
23 mn
18.5 mn
17.5 mn
16.5 mn
15.5 mn
13.5 mn13 mn13 mn12.5 mn12 mn
11 mn10.5 mn
8.5 mn
In China, there are 15 cities
bigger than New York
SOURCE: ASIA TECH PODCAST BASED ON OECD DATA 2017
population(millions)
… most of them you’ve
never heard of
NEW YORK
ASIATECHRESEARCH#asiamatters
Guangzhou? What?
SOURCE: ASIA TECH PODCAST BASED ON GOOGLE DATA 2018
Google Trends search data by region
Red: most people searched “NewYork”
Blue: most people searched “Guangzhou”
NEW YORK GUANGZHOU
8.5m 25m
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
“The political or cultural dominance or authority over
others. e.g.The hegemony of the popular kids over
the other students means that they determine what is
and is not cool. Hegemony comes from the Greek
hegemon ‘leader.’"
Hegemony
how do you pronounce this? (click here)
ASIATECHRESEARCH#asiamatters
“What the heck
Let’s go to Asia”
“There are real
opportunities here in
Asia”
“You’re missing
out if you’re not
in Asia”
Pioneers Opportunists Followers
ASIA:
The frontier
ASIA:
The next big thing
ASIA:
The de facto
1980 -1999 2000 - 2019 2020 -
Cultural Acceptance of Asia
by “The West”
ATP ATP ATP ATP
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
…so, back to Guangzhou
Allow me to bring you
up to speed…
ASIATECHRESEARCH#asiamatters
Guangzhou China
Population: 25 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
The city will grow by another
5 million in 10 years
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Guangzhou’s new eco Parc Central -
a “stadium for retail”
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
…it even has its own opera house
ATP ATP ATP ATP
…just one of many Megacities in
Asia. Here’s a selection…
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Jakarta Indonesia
Population: 9.6 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
In this 4 part report we’ll learn how new
Indonesian startups like GoJek are transforming
Jakarta’s traffic challenges…
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Shanghai China
Population: 34 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
In this 4 part report we’ll learn how new startup
accelerators are transforming Shanghai into a
world-leading hub for entrepreneurship
ASIATECHRESEARCH#asiamatters
Singapore
Ranked #3 GDP Per Capita in World
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
In this 4 part report we’ll learn how Singapore is
evolving into a world-leading centre of excellence
for deep tech
ASIATECHRESEARCH#asiamatters
Ho Chi Minh City, Vietnam
Population: 8.4 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
In this 4 part report we’ll learn how Ho Chi Minh
City is home to a high growth economy of
optimistic, world-facing entrepreneurs
ASIATECHRESEARCH#asiamatters
Tokyo, Japan
#1 World’s Most Liveable City (Monocle)
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
In this 4 part report we’ll learn how Tokyo is
bidding to become a world leader in
cryptocurrency
ASIATECHRESEARCH#asiamatters
Kuala Lumpur, Malaysia
4th Best City, Expat Ranking 2017
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
In this 4 part report we’ll learn how Kuala
Lumpur is reinventing itself as a hub for
entrepreneurs by slashing red tape
ASIATECHRESEARCH#asiamatters
Beijing, China
Population: 25 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
In this 4 part report we’ll learn about Beijing’s
rise to become of one of the leading startup
ecosystems in the world.
ASIATECHRESEARCH#asiamatters
Taipei, Taiwan
Population: 2.7 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
In this 4 part report we’ll learn how Taipei aims
to reignite its economy by building a leading
startup hub in Asia.
ASIATECHRESEARCH#asiamatters
Bangkok,Thailand
Population: 8.3 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
In this 4 part report we’ll learn how Bangkok has
become the home to a growing industry servicing
Asia’s rapidly expanding middle classes.
ASIATECHRESEARCH#asiamatters
Shenzhen, China
Population: 23 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
In this 4 part report we’ll learn about Shenzhen’s
meteoric rise to become one of the world’s
leading business centres.
ASIATECHRESEARCH#asiamatters
Hong Kong
#1 Economic Freedom 14 years in a row
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
In this 4 part report we’ll learn how Hong Kong
continues to lead the world in terms of economic
and entrepreneurial freedom.
ASIATECHRESEARCH#asiamatters
Chengdu, China
Population: 17.5 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
In this 4 part report we’ll learn how Chinese
megacities like Chengdu are investing heavily
unbecoming their own “Silicon Valley” of Asia
ASIATECHRESEARCH#asiamatters
Wuhan, China
Population: 18.5 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
In this 4 part report we’ll learn how China is
establishing itself as a world leader in education,
building centres of excellence in cities like Wuhan
ASIATECHRESEARCH#asiamatters
…and we haven’t even
talked about…
ASIATECHRESEARCH#asiamatters
Tianjin, China
Population: 15.5 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Chongqing, China
Population: 16.5 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Seoul, South Korea
Population: 9.8 million
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
…to name just one of the
50 Megacities in Asia
>5 million population
capable of becoming
world-leading startup
ecosystems in their own
right
ASIATECHRESEARCH#asiamatters
…and we haven’t even got to India,
Philippines, Myanmar yet
ATP ATP ATP ATP
Megacity GDP Growth
SOURCE:ASIA TECH PODCAST BASED ON
OXFORD ECONOMICS DATA 2016
ASIATECHRESEARCH#asiamatters
Megacities Drive Asian
Economic Growth
Delhi
Chennai
Mumbai
Hyderabad
Kolkata
Bangalore
HCMC
Tianjin
Beijing
Guangzhou
Shanghai
Shenzhen
Manila
Jakarta
Kuala Lumpur
Singapore
Bangkok
Hong Kong
Tokyo 1 %
2.4 %
3 %
3 %
5 %
5.7 %
6.4 %
6 %
6.2 %
6.2 %
6.3 %
6.4 %
7.9 %
6.5 %
6.6 %
7.1 %
7.3 %
7.5 %
8.1 %
GDP Growth for top Asia Pacific Cities to 2021 (CAGR%)
{
{
{The 6 fastest
growing
Megacity
economies
are all in India
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
NewYork$573bn
Shanghai$481bn
Tianjin$410bn
Beijing$390bn
LosAngeles$342bn
Guangzhou$335bn
Shenzhen$333bn
London$312bn
Chongqing$283b
Suzhou$259bn
Tokyo$244bn
Jakarta$232b
SOURCE: OXFORD ECONOMICS 2016
Megacity GDP 2030
Wealth
concentration
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
“Asia's three billion-strong
population will have a profound
effect on the world.
Today's richest cities and clusters
of wealth are unlikely to retain
their exalted positions in the
future.”
- Marc Faber
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Here’s one “wealth
cluster” that will change
the hegemony…
ASIATECHRESEARCH#asiamatters
The Greater Bay
ASIATECHRESEARCH#asiamatters
Imagine connecting London, NY,
Chicago, LA, Toronto and San
Francisco…
ASIATECHRESEARCH#asiamatters
$1.3 trillion Greater Bay area, twice
as valuable as San Francisco
…that would still be only half the
population of the proposed Greater
Bay megacity in China
ATP ATP ATP ATP
ASIATECHRESEARCH
“The Greater Bay is 66 million
people and US$1.3 trillion GDP. It’s
not happening anywhere else in the
world, and it won’t happen anywhere
else. It’s a once-in-a-lifetime process.”
~ Tony Verb
#asiamatters
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
$44,000
$69,000
$31,000
$10,000
$20,000
$7,000
$17,000
$14,400
$8,000
$19,000
$12,000
$57,500
$39,900
$38,900
USA
UK
JP
Comparison of GDP per capita in Greater Bay Cities with leading economies
SOURCE:ASIA TECH PODCAST BASED ON
WORLD BANK FIGURES 2016
A Vision to Connect
11 High Growth Megacities
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
…that bridge. We’ll
come back to that later
ASIATECHRESEARCH#asiamatters
“With the successful implementation of
the Belt and Road Initiative and the
further integration of Bay area, Hong
Kong has the potential to become a top
global city on par with New York and
London”
- Colliers Report: Greater Bay Area in
New Development Context 2017ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Bay Area City
Comparisons
SOURCE: ASIA TECH PODCAST BASED ON OECD DATA 2017
GDP($billions)
0
500
1000
1500
2000
Population(millions)
0
20
40
60
80
Greater Bay Tokyo San Francisco
Population
GDP
ATP ATP ATP ATP
“The notion of a Greater Bay Area is no coincidence; it signifies
the Chinese government’s ambitions to create an innovation
economy that is “greater” than that around San Francisco Bay.”
- Geoffrey Garrett,Wharton Dean
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
If The Chinese Greater Bay
GDP Caught up with SF Bay…
SOURCE: ASIA TECH PODCAST BASED ON OECD DATA 2017
GDP(TrillionDollars)
0
2
4
6
8
Greater Bay Japan Germany UK France
…it would be bigger than
4 of the world’s 6 largest
economies today
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
…and we’re only just getting started
ASIATECHRESEARCH#asiamatters
GDP Growth
ASIATECHRESEARCH#asiamatters
What was once a game of Asia’s
economic “catch-up” has now become
one of leaving “the West” behind
ASIATECHRESEARCH#asiamatters
0
20,000
40,000
60,000
80,000
100,000
2010 2017 2024
18,799bn
19,450bn
22,368bn
17,506bn
21,727bn
25,855bn
10,574bn
28,446bn
40,109bn
Asia USA Europe
Asia Is the World’s
Largest Economic Region
SOURCE: ASIA TECH PODCAST BASED ON OECD DATA 2018
Total GDP in ($US Billions) 2010-2024 &
Asia’s % of the “Big 3” Economic Regions (Asia, USA, Europe)
Asia leads the
“Big 3”
22%
41%
45%
$7 Trillion
difference
$14 Trillion
difference
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
South Asia
Asia Pacific
Southeast Asia
East Asia
Caribbean
North Africa
Central America
Africa
Aus NZ
Middle East
East Europe
Europe
North America
West Hemisphere
West Europe
South America 1.6 %
1.8 %
2.2 %
2.2 %
2 %
2.4 %
2.8 %
2.9 %
3.7 %
3.9 %
4.1 %
4.4 %
5.1 %
5.1 %
5.4 %
7.1 %
SOURCE: INTERNATIONAL MONETARY FUND 2018
Asia Leads World GDP
Growth in 2018
all Asia
the “West”
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
China will Become the World’s
Biggest Economy in 2020
0
12500
25000
37500
50000
2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050
China
USA
SOURCE: ASIA TECH PODCAST BASED ON OECD DATA 2018
The “Tipping Point”?
$13 Trillion
difference
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Shift happens…
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ASIATECHRESEARCH#asiamatters
0%
5%
10%
15%
20%
25%
30%
2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050
China USA
China GDP as a % of
world GDP
SOURCE: ASIA TECH PODCAST BASED ON OECD DATA 2018
USA
China
USA
China
2000 2050
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
If there’s one lesson to learn from
history it’s this: change is a constant
Chinese dominance American dominance
2025?
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
But it seems the general public needs to learn a
little geography before we get onto history lessons
are you serious?
ASIATECHRESEARCH#asiamatters
The New Tigers
ASIATECHRESEARCH#asiamatters
As China Slows, 8 High Growth
Frontier Markets Pick Up Speed
ASIATECHRESEARCH#asiamatters
Myanmar Laos Cambodia Philippines Vietnam Indonesia Malaysia Thailand Singapore USA Japan
0.7%
2.3%
2.6%
3.5%
4.8%
5.3%
6.3%
6.7%6.6%
6.9%
7.6%
SOURCE: INTERNATIONAL MONETARY FUND 2018
Asian Emerging Markets
Driving Economic Growth
Asian emerging
market group
Growth in GDP (CAGR %) 2017
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Spotlight: Myanmar
Fastest growing economy in the
world (7.6% CAGR). Growth
rates last seen in the US in the
“Boom” 1984 (7.3%)
Population of 52.9 million, larger
than Spain, described in economic
terms as the “Next Thailand”
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
“Myanmar is a country where 52
million consumers are coming
online overnight…
…and no one knows anything
about them”
- Rita Nguyen, Jzoo Myanmar

ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ASIATECHRESEARCH#asiamatters
SOURCE: INTERNATIONAL MONETARY FUND 2018
Asian Markets Catching Up
Fast on “The West”
Vietnam India China PhilippinesThailand Indonesia UK USA
1.6 x1.7 x
2.6 x2.6 x
2.9 x2.9 x
4 x
4.5 x
Asian emerging
markets inc
China
Total growth of economy (GDP $US) from 2017-2050
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Spotlight: Vietnam
Economy will grow 4.5x in the
next 30 years. Growth touted as
“China 11 years ago”.
Most optimistic country; people
most open to globalisation as a
force for good.
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
“As China's growth is inevitably
slowing as it reaches the top of the
world's middle-income bracket,
Vietnam's growth seems to be
accelerating as it breaks into the
lower ranks of middle-income
countries.”
- Forbes 9 Nov 2017
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Spotlight: Indonesia
250 million people, 4th most populous
country in the world.Will be world’s 4th
biggest economy in 2050.
Home to one of the world’s youngest
populations, with highest Twitter user base by
city (Jakarta)
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Indonesia Will Eclipse
the UK in the next 20 years
0
1000
2000
3000
4000
5000
6000
7000
2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050
Indonesia
UK
SOURCE:ASIA TECH PODCAST BASED ON OECD DATA 2018
Now
In 20 yrs
Indonesia vs The UK: GDP $US Trillion 2000-2050
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Vision
ASIATECHRESEARCH#asiamatters
Why build walls when you can build
roads?
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
“Hailed by Xi as a ‘project of the
century,’ the plan fits into his
bigger narrative that China is
setting an example of globalization,
filling the void left by the US under
Donald Trump’s ‘America First’
policy.”
- Zheping Huang, 

Quartz 15 May 2017
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
$5 Trillion of Infrastructure will be
built… (PWC Report 2017)
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
“One Belt One Road is a very
ambitious covering about 65
percent of the world’s population,
about one-third of the world’s
GDP, and about a quarter of all the
goods and services the world
moves.”
- Kevin Sneader, Chairman
McKinsey Asia
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ASIATECHRESEARCH#asiamatters
“One Belt One Road is a serious
long-term geo-economic strategy
that will potentially shift the global
economic centre of gravity”
- Jane Golley,
Australian National University
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
…and while they’re busy connecting
that road, Asia keeps on building
ASIATECHRESEARCH#asiamatters
A Guide to the World’s
Tallest Buildings 2020
The US doesn’t even make the top 10
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Suzhou Zhongnan Financial Center, China
729 metres
One World Trade
Centre, NewYork USA
541 metres
The Zhongnan Financial Center in
China will open 2020
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
The Shanghai Tower
632 metres
One World Trade
Centre, NewYork USA
541 metres
The Shanghai Tower in China
opened in 2014
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Nowhere else in the
world is the scale and
velocity of change so
tangible as in Asia…
ASIATECHRESEARCH#asiamatters
Left: Hong Kong Harbour (then & now)
Right: Kuala Lumpur (then & now)
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Shanghai:
(L) 34 years ago vs (R) 4 years ago
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Shenzhen Skyline 2020
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
World Class Infrastructure
ASIATECHRESEARCH#asiamatters
Airports, trains and internet…
This is where Asia kicks ass
ATP ATP ATP ATP
ASIATECHRESEARCH
World’s Top 5 Airports
#1 Singapore Changi SIN
#2 Tokyo Haneda HND
#3 Seoul Incheon ICN
#4 Munich MUC
#5 Hong Kong HKG
Source: Skytrax 2017
#asiamatters
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Internet,
Airports
Trains…
This is how it should be.
We entrepreneurs just
want to get stuff done
South Korea
Hong Kong
Singapore
Japan
USA 18.7 Mbps
20.2 Mbps
20.3 Mbps
21.9 Mbps
28.6 Mbps
SOURCE: AKAMAI 2017
ASIATECHRESEARCH
Comparable Internet Speeds
Download Speeds: MBps per second
#asiamatters
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Where else in the world can you buy a
Prepaid 4G SIM with 100Gig Data for $11 US?
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
“Thailand has first world
infrastructure – the internet speeds
are much higher than Australia for
instance – public transport and
accommodation is of a good
standard.”
- David Henderson, Drvr

ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
…and then there’s the trains
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
ATP ATP ATP ATPATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Average travel time from Fukuoka
city centre to airport: 12 minutes!
ATP ATP ATP ATPATP ATP ATP ATP
ASIATECHRESEARCH
Guangzhou Shanghai Beijing
19
16
10
4
55
SOURCE: FORBES 2017
Number of Lines 2006-2016
The Growth of Mass Transit
Subway Lines in China
#asiamatters
+100%
+220%
+475%
ATP ATP ATP ATP
ASIATECHRESEARCH#asiamatters
Contrary to popular belief,
the Great Wall of China is not visible from space.
…the only traces of mankind visible from space
are airports, harbours and train lines.
ASIATECHRESEARCH#asiamatters
What kind of future do you want to be part of:
one that spends billions building walls between us ?…
ASIATECHRESEARCH#asiamatters
ASIATECHRESEARCH#asiamatters
…or one that spends billions
connecting us?
ATP ATP ATP ATP
Picture:

Hong Kong to Macau bridge,
the world’s longest bridge
(due to open 2018)
download them free from www.AsiaTechResearch.com
#asiamatters
Get All 4 Reports in this Series
ASIATECHRESEARCH
#asiamatters ASIATECHRESEARCH
Graham D Brown
Report Author
Thanks for reading my #asiamatters Report
“The Asian Century”.To learn more about
what I do, and get regular updates and
insights from my Asian research, connect
with me on Linkedin.
Connect with me on Linkedin

Más contenido relacionado

Más de Graham Brown

(Asia Tech Podcast) 7 Ways to Stay Motivated when launching your business
(Asia Tech Podcast) 7 Ways to Stay Motivated when launching your business(Asia Tech Podcast) 7 Ways to Stay Motivated when launching your business
(Asia Tech Podcast) 7 Ways to Stay Motivated when launching your businessGraham Brown
 
(Asia Tech Podcast) 25 Inspiring Quotes for Startup Founders
(Asia Tech Podcast) 25 Inspiring Quotes for Startup Founders(Asia Tech Podcast) 25 Inspiring Quotes for Startup Founders
(Asia Tech Podcast) 25 Inspiring Quotes for Startup FoundersGraham Brown
 
(Asia Tech Podcast) 60 Inspiring Quotes for Entrepreneurs
(Asia Tech Podcast) 60 Inspiring Quotes for Entrepreneurs (Asia Tech Podcast) 60 Inspiring Quotes for Entrepreneurs
(Asia Tech Podcast) 60 Inspiring Quotes for Entrepreneurs Graham Brown
 
Experience is the Brand (How to Build a Brand Worth Talking About)
Experience is the Brand (How to Build a Brand Worth Talking About)Experience is the Brand (How to Build a Brand Worth Talking About)
Experience is the Brand (How to Build a Brand Worth Talking About)Graham Brown
 
How to fix a Broken Brand (McDonalds Case Study 2015)
How to fix a Broken Brand (McDonalds Case Study 2015)How to fix a Broken Brand (McDonalds Case Study 2015)
How to fix a Broken Brand (McDonalds Case Study 2015)Graham Brown
 
How Starbucks Became the Apple of Coffee
How Starbucks Became the Apple of CoffeeHow Starbucks Became the Apple of Coffee
How Starbucks Became the Apple of CoffeeGraham Brown
 
The 6 Ways Starbucks Kills it on Social Media
The 6 Ways Starbucks Kills it on Social MediaThe 6 Ways Starbucks Kills it on Social Media
The 6 Ways Starbucks Kills it on Social MediaGraham Brown
 
Branding is Dead: Long Live Brand Experience
Branding is Dead: Long Live Brand ExperienceBranding is Dead: Long Live Brand Experience
Branding is Dead: Long Live Brand ExperienceGraham Brown
 
(GrahamDBrown) Brand Leadership 2015: 10 Quotes from Industry Leaders and Gur...
(GrahamDBrown) Brand Leadership 2015: 10 Quotes from Industry Leaders and Gur...(GrahamDBrown) Brand Leadership 2015: 10 Quotes from Industry Leaders and Gur...
(GrahamDBrown) Brand Leadership 2015: 10 Quotes from Industry Leaders and Gur...Graham Brown
 
The 7 Awesome Ways GoPro Wins in the Sharing Economy (GrahamDBrown)
The 7 Awesome Ways GoPro Wins in the Sharing Economy (GrahamDBrown)The 7 Awesome Ways GoPro Wins in the Sharing Economy (GrahamDBrown)
The 7 Awesome Ways GoPro Wins in the Sharing Economy (GrahamDBrown)Graham Brown
 
10 Facts about Gen Y and Social Media Privacy (Total Youth Research)
10 Facts about Gen Y and Social Media Privacy (Total Youth Research)10 Facts about Gen Y and Social Media Privacy (Total Youth Research)
10 Facts about Gen Y and Social Media Privacy (Total Youth Research)Graham Brown
 
Brand Democracy: How to Tell Stories in the Social Era by Graham Brown
Brand Democracy: How to Tell Stories in the Social Era by Graham BrownBrand Democracy: How to Tell Stories in the Social Era by Graham Brown
Brand Democracy: How to Tell Stories in the Social Era by Graham BrownGraham Brown
 
(GrahamDBrown) 5 ideas you should steal from Lego's marketing
(GrahamDBrown) 5 ideas you should steal from Lego's marketing(GrahamDBrown) 5 ideas you should steal from Lego's marketing
(GrahamDBrown) 5 ideas you should steal from Lego's marketingGraham Brown
 
Set Up, Step Back, Shut Up: The Secrets Behind Lego's Social Media Success
Set Up, Step Back, Shut Up: The Secrets Behind Lego's Social Media SuccessSet Up, Step Back, Shut Up: The Secrets Behind Lego's Social Media Success
Set Up, Step Back, Shut Up: The Secrets Behind Lego's Social Media SuccessGraham Brown
 
Social Media is a Promise (here's how to keep it) by Graham D Brown
Social Media is a Promise (here's how to keep it) by Graham D Brown Social Media is a Promise (here's how to keep it) by Graham D Brown
Social Media is a Promise (here's how to keep it) by Graham D Brown Graham Brown
 
Marketing is no Longer Hollywood
Marketing is no Longer HollywoodMarketing is no Longer Hollywood
Marketing is no Longer HollywoodGraham Brown
 
Customer Experience is no longer about telling the brand story
Customer Experience is no longer about telling the brand storyCustomer Experience is no longer about telling the brand story
Customer Experience is no longer about telling the brand storyGraham Brown
 
(mobileYouth) Top 5 Insights from the Book: Mobile Youth - Voices of the Mobi...
(mobileYouth) Top 5 Insights from the Book: Mobile Youth - Voices of the Mobi...(mobileYouth) Top 5 Insights from the Book: Mobile Youth - Voices of the Mobi...
(mobileYouth) Top 5 Insights from the Book: Mobile Youth - Voices of the Mobi...Graham Brown
 
(GrahamDBrown) CMO Council Report: the state of customer experience across...
(GrahamDBrown) CMO Council Report: the state of customer experience across...(GrahamDBrown) CMO Council Report: the state of customer experience across...
(GrahamDBrown) CMO Council Report: the state of customer experience across...Graham Brown
 
(GrahamDBrown) Why Customer Experience is #1
(GrahamDBrown) Why Customer Experience is #1(GrahamDBrown) Why Customer Experience is #1
(GrahamDBrown) Why Customer Experience is #1Graham Brown
 

Más de Graham Brown (20)

(Asia Tech Podcast) 7 Ways to Stay Motivated when launching your business
(Asia Tech Podcast) 7 Ways to Stay Motivated when launching your business(Asia Tech Podcast) 7 Ways to Stay Motivated when launching your business
(Asia Tech Podcast) 7 Ways to Stay Motivated when launching your business
 
(Asia Tech Podcast) 25 Inspiring Quotes for Startup Founders
(Asia Tech Podcast) 25 Inspiring Quotes for Startup Founders(Asia Tech Podcast) 25 Inspiring Quotes for Startup Founders
(Asia Tech Podcast) 25 Inspiring Quotes for Startup Founders
 
(Asia Tech Podcast) 60 Inspiring Quotes for Entrepreneurs
(Asia Tech Podcast) 60 Inspiring Quotes for Entrepreneurs (Asia Tech Podcast) 60 Inspiring Quotes for Entrepreneurs
(Asia Tech Podcast) 60 Inspiring Quotes for Entrepreneurs
 
Experience is the Brand (How to Build a Brand Worth Talking About)
Experience is the Brand (How to Build a Brand Worth Talking About)Experience is the Brand (How to Build a Brand Worth Talking About)
Experience is the Brand (How to Build a Brand Worth Talking About)
 
How to fix a Broken Brand (McDonalds Case Study 2015)
How to fix a Broken Brand (McDonalds Case Study 2015)How to fix a Broken Brand (McDonalds Case Study 2015)
How to fix a Broken Brand (McDonalds Case Study 2015)
 
How Starbucks Became the Apple of Coffee
How Starbucks Became the Apple of CoffeeHow Starbucks Became the Apple of Coffee
How Starbucks Became the Apple of Coffee
 
The 6 Ways Starbucks Kills it on Social Media
The 6 Ways Starbucks Kills it on Social MediaThe 6 Ways Starbucks Kills it on Social Media
The 6 Ways Starbucks Kills it on Social Media
 
Branding is Dead: Long Live Brand Experience
Branding is Dead: Long Live Brand ExperienceBranding is Dead: Long Live Brand Experience
Branding is Dead: Long Live Brand Experience
 
(GrahamDBrown) Brand Leadership 2015: 10 Quotes from Industry Leaders and Gur...
(GrahamDBrown) Brand Leadership 2015: 10 Quotes from Industry Leaders and Gur...(GrahamDBrown) Brand Leadership 2015: 10 Quotes from Industry Leaders and Gur...
(GrahamDBrown) Brand Leadership 2015: 10 Quotes from Industry Leaders and Gur...
 
The 7 Awesome Ways GoPro Wins in the Sharing Economy (GrahamDBrown)
The 7 Awesome Ways GoPro Wins in the Sharing Economy (GrahamDBrown)The 7 Awesome Ways GoPro Wins in the Sharing Economy (GrahamDBrown)
The 7 Awesome Ways GoPro Wins in the Sharing Economy (GrahamDBrown)
 
10 Facts about Gen Y and Social Media Privacy (Total Youth Research)
10 Facts about Gen Y and Social Media Privacy (Total Youth Research)10 Facts about Gen Y and Social Media Privacy (Total Youth Research)
10 Facts about Gen Y and Social Media Privacy (Total Youth Research)
 
Brand Democracy: How to Tell Stories in the Social Era by Graham Brown
Brand Democracy: How to Tell Stories in the Social Era by Graham BrownBrand Democracy: How to Tell Stories in the Social Era by Graham Brown
Brand Democracy: How to Tell Stories in the Social Era by Graham Brown
 
(GrahamDBrown) 5 ideas you should steal from Lego's marketing
(GrahamDBrown) 5 ideas you should steal from Lego's marketing(GrahamDBrown) 5 ideas you should steal from Lego's marketing
(GrahamDBrown) 5 ideas you should steal from Lego's marketing
 
Set Up, Step Back, Shut Up: The Secrets Behind Lego's Social Media Success
Set Up, Step Back, Shut Up: The Secrets Behind Lego's Social Media SuccessSet Up, Step Back, Shut Up: The Secrets Behind Lego's Social Media Success
Set Up, Step Back, Shut Up: The Secrets Behind Lego's Social Media Success
 
Social Media is a Promise (here's how to keep it) by Graham D Brown
Social Media is a Promise (here's how to keep it) by Graham D Brown Social Media is a Promise (here's how to keep it) by Graham D Brown
Social Media is a Promise (here's how to keep it) by Graham D Brown
 
Marketing is no Longer Hollywood
Marketing is no Longer HollywoodMarketing is no Longer Hollywood
Marketing is no Longer Hollywood
 
Customer Experience is no longer about telling the brand story
Customer Experience is no longer about telling the brand storyCustomer Experience is no longer about telling the brand story
Customer Experience is no longer about telling the brand story
 
(mobileYouth) Top 5 Insights from the Book: Mobile Youth - Voices of the Mobi...
(mobileYouth) Top 5 Insights from the Book: Mobile Youth - Voices of the Mobi...(mobileYouth) Top 5 Insights from the Book: Mobile Youth - Voices of the Mobi...
(mobileYouth) Top 5 Insights from the Book: Mobile Youth - Voices of the Mobi...
 
(GrahamDBrown) CMO Council Report: the state of customer experience across...
(GrahamDBrown) CMO Council Report: the state of customer experience across...(GrahamDBrown) CMO Council Report: the state of customer experience across...
(GrahamDBrown) CMO Council Report: the state of customer experience across...
 
(GrahamDBrown) Why Customer Experience is #1
(GrahamDBrown) Why Customer Experience is #1(GrahamDBrown) Why Customer Experience is #1
(GrahamDBrown) Why Customer Experience is #1
 

Último

ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.KumarJayaraman3
 
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Matthews Bantsijang
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingHenry Tapper
 
20240315 _E-Invoicing Digiteal. .pptx
20240315 _E-Invoicing Digiteal.    .pptx20240315 _E-Invoicing Digiteal.    .pptx
20240315 _E-Invoicing Digiteal. .pptxFinTech Belgium
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoCoinGecko
 
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an EntrepreneurIntroduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an Entrepreneurabcisahunter
 
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTESACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTESKumarJayaraman3
 
The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?Stephen Perrenod
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxsonamyadav7097
 
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxSlideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxOffice for National Statistics
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.Arifa Saeed
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Guillaume Ⓥ Sarlat
 
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismTaipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismBrian Lin
 
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...mwangimwangi222
 
Stock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdfStock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdfMichael Silva
 
Buy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxBuy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxPrecize Formely Leadoff
 
Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Commonwealth
 
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfLundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfAdnet Communications
 

Último (20)

ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
 
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB funding
 
20240315 _E-Invoicing Digiteal. .pptx
20240315 _E-Invoicing Digiteal.    .pptx20240315 _E-Invoicing Digiteal.    .pptx
20240315 _E-Invoicing Digiteal. .pptx
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
 
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an EntrepreneurIntroduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
 
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTESACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
 
The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptx
 
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxSlideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024
 
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismTaipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
 
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...
 
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
 
Stock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdfStock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdf
 
Buy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxBuy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptx
 
Commercial Bank Economic Capsule - March 2024
Commercial Bank Economic Capsule - March 2024Commercial Bank Economic Capsule - March 2024
Commercial Bank Economic Capsule - March 2024
 
Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]
 
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfLundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
 

Asia Tech Research: Asia Matters 1/4 (The Asian Century)