A Field Everybody Wants to Play On - and be a Referee
The year that we leave behind has brought a further increase of political, economic and strategic weight for Asia-Pacific. This shift has been primarily caused by the resilience of Asian economies to the Global Financial Crisis - by their uninterrupted, strong growth. Furthermore, this trend is likely to continue in 2011: as analysts predict, the growth in emerging economies, whose major engines are China, India and their Southeast Asian neighbors, is expected to be four times bigger than that of the developed world. Without any doubt, one of the highlights of 2010 was the historic moment at which China surpassed Japan as the second largest world economy.