Asia is still the fastest growing region in the world, but it is also entering an era of geopolitical risk, said Alexander Van Kemenade, director of consulting at The Economist Intelligence Unit (EIU) for the region.
Speaking at the Retail Asia Conference in Hong Kong, he noted that “a full-blown global trade war” is the top risk to the global economy this year and outlined a few key developments and forecasts for the region:
India’s middle class set to drive mainstream growth
A “changing of the guard” looks to be well underway in Asia. India is posting high GDP growth...