The Morning Briefing: Asia's economy
"The Morning Briefing" is SmartPlanet's daily roundup of must-reads from the web. This morning we're reading about the Asian economy.
1.) Asia needs to press the reset button. Although growth for the region is on an upward trajectory, emerging economies this year will have to tackle both internal and external negative factors.
2.) Japan's renewed engagement has pros and cons for SE Asia. The world's third-largest economy came knocking on the door of the region last week, seeking a dynamic growth alternative to China and offering a higher level of investment in return.
3.) Maritime industry hopes up on Asia's economy recovery. The economies of China, India and Vietnam are projected to grow faster in Y 2013 than they did in Y 2012, raising hopes in the maritime industry that the major east-west trade lanes serving Asia again will be engines of growth for international trade.
4.) Asian economies face regional and global challenges. On the face of it, Asian economies are entering the new year on a positive note. There are signs that growth in China, the region's biggest and the world's second-biggest economy, may be rebounding.
5.) Markets higher on good news from Europe, Japan. Positive economic news from the European Central Bank and Germany, combined with promises of more monetary easing in Japan, helped stock indexes in those countries lead most markets around the world higher last week.
Photo Credit: Jakob Montrasio 孟亚柯