Hey explorers! 🌏 Ready for a journey into the future of money and markets? According to Danny Quah, professor of economics at the Lee Kuan Yew School of Public Policy at the National University of Singapore, the global center of gravity is set to shift east—all the way to the GMT+8 time zone—by 2050. 🚀
Quah explains that as the United States’ relative strength cools and Eastern economies keep their turbo engines on, the world’s economic pulse will move across the Pacific. It’s like Asia just dropped the hottest new track on the global economy playlist—no skips! Even though the Chinese mainland’s growth has stepped down from its double-digit era, its annual contributions to global GDP remain supercharged, keeping Asia firmly in the driver’s seat.
What does GMT+8 mean for you? This zone covers dynamic cities like Singapore, Shanghai, Beijing and Hong Kong—future hotspots for investors, entrepreneurs and digital natives. From Latin American startups eyeing partnerships to students plotting their next research focus, everyone should bookmark the rise of Asia in their global game plan.
So pack your ambition, tune your watches to GMT+8, and get ready to surf the new wave of the global economy! 🌊💼
Reference(s):
cgtn.com
