I discuss some recent developments in the asian economy

1. A quick look inside the AsianEconomy Cédric De Kerpel

2. Summary Introduction China’sinfluence in the world Yen vs. dollar Manufacterersconfidence Conclusion

3. Introduction Emergingmarket China  secondbiggestindustry Japan India Growth of GDP China 8,8 trillion dollars Japan 5 trillion dollars

4. Introduction Largeworkforcesbutcheaplaborcost massproduction (textiles, automotiveproducts, electronics)

5. China’sinfluence in the world Influence Largestexporter, secondbiggestimporter Price setter Owns a third of the worldcurrency reserve

6. China’sinfluence in the world How to useinfluence? Trading power Guard and developglobal trading system Global monetary system exchange rate management Lobby with big countries

7. China’sinfluence in the world Finance Create a financial system that aids domestic and globaldevelopment Ressources Ensurethatexportingcountries benefit fromforeigninvestments

8. Yen vs. Dollar Japan earthquake crisis Concerns about impact on the globaleconomy  Yen surges  sharessufferlosses

9. Yen vs. Dollar New record high 76,52 Yen/USD Yen/USD on march 17th

10. Yen vs. Dollar Reasons Yen surge Japaneseinvestors Repatriate cash to cover disaster costs Sellforeignassets demandfor Yen rises Families stocking up supplies ATM crash Thishurts the Yen

11. Manufacturers confidence Pre – earthquake Manufacturers grew confident about the economy and business Post – earthquake Manufacturers are grim about business The outlook is not good Chance of recession?

12. Manufacturers confidence Stocks drop, Yen rises Damage of 300 billion USD Blackouts slump production

13. Manufacturers confidence Big companies Cutspendingwith 0,4% Lessproduction Governementwillgivetemporaryloans

14. Conclusion Asia is becomingone of the bettereconomies Industry leader But the Japan crisis willhurttheirshort-termgrowth and stability