Description: The latest Asian economic news, analysis and video from CNBC.com. Asia Economy. The $400 billion outdoor industry sounds alarm on Trump's trade war tariffs. Economic development Ancient and medieval times. China and India alternated in being the largest economies in the world from 1 to 1800 AD. China was a major economic power and attracted many to the east, and for many the legendary wealth and prosperity of the ancient culture of India personified Asia, attracting European commerce, exploration and colonialism.GDP: $31.58 trillion (Nominal; 2019), $65.44 trillion .
Aug 21, 2019 · Economic Snapshot for East & South Asia. August 21, 2019. East Asian economies are expected to decelerate in 2019. The regional economy is seen decelerating this year as export-driven economies will face headwinds from weaker global demand, escalating trade tensions between China and the United States, and an economic slowdown in China. Nov 16, 2017 · The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.
Aug 27, 2019 · Japan Economic Outlook. August 27, 2019. The economy surpassed expectations in the second quarter, with consumption benefiting from a 10-day holiday related to the imperial transition and front-loading ahead of the planned increase in the consumption tax in October. Asian Pacific Economic Cooperation Former Vice President Mondale discussed international trade issues including relations with Japan, China, and the U.S. Mr. November 19, 1993.
Asian financial crisis, major global financial crisis that destabilized the Asian economy and then the world economy at the end of the 1990s. Though it is generally characterized as a financial crisis or economic crisis, it can also be seen as a crisis of governance at all major levels of politics.