China will have the largest economy

It is forecasted that India will overtake Japan in terms of nominal GDP by 2025, such as what China did in 2010.[66] By 2027, according

to Goldman Sachs, China will have the largest economy in the world. Several trade blocs exist, with the most developed being the Association of Southeast Asian Nations and most recently the Regional Comprehensive Economic Partnership (RCEP).

Asia is the largest continent in the world by a considerable margin, and it is rich in natural resources, such as petroleum, forests, fish, water, rice, copper and silver. Manufacturing in Asia has traditionally been strongest in East and Southeast

Asia, particularly in China, Taiwan, South Korea, Singapore, Japan and India. Japan, Singapore and South Korea continue to dominate in the area

of multinational corporations, but increasingly China and India are making significant inroads. Many companies from Europe, North America, South Korea, Singapore and Japan have operations in Asia’s developing countries to take advantage of its abundant supply of cheap labour and relatively developed infrastructure.