The digital boom is making Asia Pacific a leading region in the start-up scene. By the end of September 2019, Asia-Pacific counted 140 start-ups with a valuation of at least $1 billion – out of 403 worldwide.
Under ambitious ‘Made in China 2025’ plan, the Chinese government targets to raise domestic production of industrial robots to 70% by 2025. Last year, the country invested $10.1 billion towards this goal.
The USA has accused China of having deliberately manipulated its currency in order to secure unfair advantages in international competition. The dollar costs more than seven yuan for the first time since 2008.
Plastic pollution has created serious concern in Asia. Asian governments are implementing policies to tackle the problem, from outlawing plastic straws to imposing penalties for incorrect waste sorting.
The Japanese economy is facing a number of challenges. We talked to Mitsuhiro Yuasa, fund manager at E.I. Sturdza, about promising industries in Japan and the outlook for the Japanese economy.
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