Economy Watch: Japan, China, and India

02/11/25 • 40 min

2 Listeners

Late last year, at our annual STATE OF ASIA conference, we hosted a conversation on the economic developments in Japan, China, and India.

After decades of stagnation, Japan’s economy is showing optimism from structural shifts like labor market reforms and wage increases that are finally starting to pay off.

In China, growth has peaked and the government is yet to succeed in convincing its population it’s okay to spend money.

All the while, India is now the fastest-growing developing economy and scrambling to shed its protectionist past in order to create a lot more much-needed jobs.

This, and much more, was discussed in three 12-minute conversations by:

Garima Mohan, Senior Fellow in the Indo-Pacific program at the German Marshall Fund of the United States
Alicia García Herrero, Chief Economist Asia Pacific at Natixis
Yumiko Murakami, General Partner at MPower Partners Fund, L.P.

More information on the conference, the speakers, plus videos and summaries, are available on our website.

This episode is from Asia Society Switzerland's STATE OF ASIA podcast, bringing you exclusive, engaging conversations with leading minds on issues that shape Asia and affect us all. More info and other episodes: https://asiasociety.org/switzerland/podcast-state-asia.

Late last year, at our annual STATE OF ASIA conference, we hosted a conversation on the economic developments in Japan, China, and India.

After decades of stagnation, Japan’s economy is showing optimism from structural shifts like labor market reforms and wage increases that are finally starting to pay off.

In China, growth has peaked and the government is yet to succeed in convincing its population it’s okay to spend money.

All the while, India is now the fastest-growing developing economy and scrambling to shed its protectionist past in order to create a lot more much-needed jobs.

This, and much more, was discussed in three 12-minute conversations by:

Garima Mohan, Senior Fellow in the Indo-Pacific program at the German Marshall Fund of the United States
Alicia García Herrero, Chief Economist Asia Pacific at Natixis
Yumiko Murakami, General Partner at MPower Partners Fund, L.P.

More information on the conference, the speakers, plus videos and summaries, are available on our website.

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