
Shannon O'Neil on What Everyone Gets Wrong About (De)Globalisation
Macro Hive Conversations With Bilal Hafeez
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What's the Model of Growth in Asia?
China today doing very much what Japan did before, South Korea and Taiwan did before in that they are now investing in their neighbors. Foreign direct investment out of China into the rest of Asia has grown. So I do think this is the model that has perpetuated itself across Asia over the last 40, 50 years and brought real economic strength to that region. It's not a region free of frictions between countries but there is a binding force that at some points offsets tensions.
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