William Xu, Huawei's global head of strategy and marketing, shares his thoughts on Asia's digital transformation for FinanceAsia's 20th anniversary.
FinanceAsia’s 20-year anniversary is a good time to step back and reflect on the impressive progress Asia has made in a relatively short span of time. During the past two decades, the world’s economic centre of gravity has shifted decisively eastward.
In the early 1990s, Asia’s economies made up roughly one-quarter of the world’s GDP today, they account for about 40%, while poverty in the region fell from 55% of the population in 1990 to 21% in 2010.
From...