Asia’s Growing Importance in the Global Economy and Financial Markets

GIC has been committed to Asia’s growth story for several decades. We continue to take a constructive view on Asia’s long-term future. The region’s share of the global economy has more than doubled over the past 40 years, and its financial markets have developed significantly. However, reforms in Asia have also been uneven, and risks to stability remain, arising from both geopolitical tensions as well as domestic factors. We believe Asia’s governments, businesses, and people have the resolve and ability to tackle these challenges and deliver on the region’s promise.

In this feature article, we outline our observations of key trends, growth drivers, and challenges in Asia, as well as our approach to investing in the region.