A beer assembly line inside a brewery in Shenyang, Liaoning province. Such automation could keep factory jobs and provide more high-end jobs. But as China moves up the value chain – and no longer has an endless supply of cheap labour – India and the ASEAN member countries are expected to fill its role. Photo: Reuters We are living in the “Asian Century”, so called because by 2050, the region is projected to be as wealthy as Europe on a per capita basis, and hold a dominant share of global economic output.
But what if it turns out to be […]