This Is Asia


“This is really a simple picture, and yet it explains so much of what Asia is today.  It looks at developing Asia as a whole region, from China and India to places in-between, and breaks the overall GDP down into two main shares: the black line is the export share and the red line is the consumption share. . . .  The export share has never been higher; and the internal private consumption share has never been lower.  This is Asia.” — Stephen Roach

Stephen Roach is Chairman of Morgan Stanley Asia.  The video above is an excerpt from the lecture Roach delivered at the Asia Society in New York on 30 September 2009.

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