As Japan remains trapped in its bad-loan mess and Southeast Asia struggles to regain competitiveness after a regionwide financial crisis five years ago, China may appear to be the only bright spot in Asia.
But according to Frank-Jurgen Richter, director in charge of Asia at the World Economic Forum, new and important changes are taking place that demonstrate the dynamism of Asia.
"Asia is re-creating itself and is strongly advancing its economic agenda," said Richter, 35, during a recent interview with The Japan Times in Tokyo. "Surprisingly, some Asian countries, including Japan, are increasing competitiveness."
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.