TRADING WITH ASIA
RUSSIA
OVERVIEW
Asia’s economic development is the biggest success story in
recent history and has capacity for further growth. Continued
political and economic cooperation in Asia can play a key role
in enabling regional and global prosperity for the future.
Japan’s post-WWII revival as an advanced high-income
economy was swiftly followed by the emergence of the
‘Four Asian Tigers’: South Korea, Taiwan, Hong Kong
and Singapore. More recently, the steady rise of China
has revolutionised the global economy.
The Asian financial crisis in the late 1990s led to substantial
financial reforms; as a result, the region’s economies remained
relatively stable during the global recession. Today, seven of
the world’s 30 most competitive economies and nine UKTI
high growth markets are in Asia.
MONGOLIA
Ulaanbaatar
Beijing
Seoul
Islamabad
PA K I S TA N
SOUTH
KO R E A
CHINA
New Delhi
TA I W A N
HONG
KO N G
INDIA
M A L AY S I A
PHILIPPINES
Kuala Lumpur
KEY
Capital City
SINGAPORE
INDONESIA
Asia is set to be the world’s fastest-growing consumer market.
The Asian Development Bank further predicts that if the
region’s successful economies can sustain their growth, Asia
could contribute 50 per cent of the world’s GDP by 2050.
This would reduce poverty throughout the region and give
3 billion Asians income levels equal to those of Europe today.
To maintain this momentum, Asia’s economies are
continuing to implement structural reforms and plan
for sustainable growth. Home to 60 per cent of the world’s
population, the continent currently only contributes 27
per cent of the world’s GDP – and Asia’s economies and
political systems are at vastly different levels. Accordingly,
achieving socio-economic inclusion through channels such as
infrastructure development, education and entrepreneurship
is a priority for countries throughout Asia. The continent’s
emerging economies are also actively working to avoid the
‘middle income trap’ where per-capita income levels stall
after reaching a certain level.
Following the framework provided by regional associations
such as the Association of Southeast Asian Nations (ASEAN),
Asia’s economies are continuing to integrate and reduce
barriers to international commerce. Such measures will
enable greater stability, security and prosperity for Asia
as well as the rest of the world.
Sources: Asian Development Bank, GOV.UK, Heritage Foundation, OECD, UKTI,
World Bank, World Economic Forum
DHL IN ASIA
DHL pioneered express services in Asia in the early 1970s
and in 1980 became the first international express company
to enter China. Today, DHL has a vast network in Asia with
four key hubs: Hong Kong, Bangkok, Singapore and the DHL
North Asia Hub in Shanghai. The Shanghai location, which
opened in 2012, is the biggest express hub in Asia. The facility
incorporates sustainability solutions such as energy-efficient
lighting and a solar-powered system to provide hot water.
DHL supports international businesses and Asia’s own
fast-growing enterprises by continuously improving trade
flows both within the continent and to the rest of the world.
This includes links to emerging markets in the Middle East,
Africa and Latin America. DHL offers time-definite morning
delivery to major cities in North Asia and next-day delivery
from Japan to the USA.
Tokyo
J A PA N
DHL Trading with Asia
THE WORLD’S MOST COMPETITIVE
ECONOMIES IN 2013
M ON G OL I A
as per the World Economic Forum
#9
JA PA N
#29
CH IN A
#25
SO U TH
KO R E A
PAK I S TAN
INDIA
#12
TA I WA N
#7
H ON G
KON G
PHI L I PPI N ES
KEY
#24
MAL AYSIA
7 of the world’s top 30
competitive economies
are in Asia. China is #29.
#2
SIN G APORE
ASIA TODAY
I N D ON ES IA
ASIA TOMORROW
60% of the world’s population
Asia is set to be the world’s
fastest-growing consumer market
Contributes 27% of the world’s
Gross domestic product (GDP)
27%
Established financial centres
Hong Kong and Singapore will
consolidate their positions
3 of the 10 easiest countries
with which to conduct business
9 UKTI high growth markets: China,
India, Indonesia, Malaysia, Singapore,
South Korea, Taiwan, Thailand, Vietnam
High
growth
Association of Southeast Asian
Nations (ASEAN) has plans to create
a single economic community that
operates in a similar way t o the EU
2 Organisations for Economic
Co-operation and Development
(OECD) members: Japan a nd South Korea
3 OECD key partners: China, India and Indonesia
Growth
Asia 7 - the countries driving Asia’s
growth: China, India, Indonesia, Japan,
KEY
South Korea, Malaysia, Thailand
7 of the world’s
top 30 competitive
economies are in
Asia. China is #29.
Emerging financial centres Shanghai,
Beijing and Seoul w
ill continue to
grow rapidly
By 2050 The Asia 7 could account for
85% of Asia’s incremental GDP
Asia has the potential to contribute
50% of the world’s GDP
ASSOCIATION
OF SOUTHEAST
ASIAN NATIONS
50%
2014 MOST
2050
THE WORLD’S
COMPETITIVE ECONOMIES IN 2013
as per the World Economic Forum
Valid from: 06/2014
2