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	<title>Asia Archives | Daily Secrets</title>
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		<title>China&#8217;s commitment to multilateralism a stabilizing anchor in volatile world, says leading consultancy director</title>
		<link>https://dailysecrets.net/2026/03/26/chinas-commitment-to-multilateralism-a-stabilizing-anchor-in-volatile-world-says-leading-consultancy-director/</link>
		
		<dc:creator><![CDATA[Phil Will]]></dc:creator>
		<pubDate>Thu, 26 Mar 2026 08:34:06 +0000</pubDate>
				<category><![CDATA[world]]></category>
		<category><![CDATA[Asia]]></category>
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		<guid isPermaLink="false">https://dailysecrets.net/?p=8393</guid>

					<description><![CDATA[<p>China, (Xinhua) &#8212; China&#8217;s commitment to multilateralism, free trade and inclusiveness offers crucial strategic stability to a world marked by market volatility and growing protectionism, a German consultancy director has...</p>
<p>The post <a href="https://dailysecrets.net/2026/03/26/chinas-commitment-to-multilateralism-a-stabilizing-anchor-in-volatile-world-says-leading-consultancy-director/">China&#8217;s commitment to multilateralism a stabilizing anchor in volatile world, says leading consultancy director</a> appeared first on <a href="https://dailysecrets.net">Daily Secrets</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>China, (Xinhua) &#8212; China&#8217;s commitment to multilateralism, free trade and inclusiveness offers crucial strategic stability to a world marked by market volatility and growing protectionism, a German consultancy director has said.</strong></p>
<p>This commitment is also crucial for restoring investor confidence and ensuring a stable, predictable environment for investment, Denis Depoux, global managing director at Munich-based Roland Berger, told Xinhua in a written interview ahead of the Boao Forum for Asia Annual Conference running from Tuesday to Friday in south China&#8217;s Hainan Province.</p>
<p>Facing headwinds including tariffs and global crises, China has demonstrated strong resilience in recent years, injecting invaluable stability into the global supply chains, he said.</p>
<p>&#8220;Amid the ongoing Middle East crisis, which has significantly disrupted global energy supplies, we believe that China will continue to demonstrate this resilience through its long-term transition to renewable energy,&#8221; Depoux said.</p>
<p>Speaking of China&#8217;s commitment to green development, Depoux emphasized that it is not confined to the energy sector, but is infusing and empowering a wide range of other industries.</p>
<p>He pointed to the government work report at this year&#8217;s &#8220;two sessions&#8221; of China&#8217;s top legislature and top political advisory body, which emphasized building hyper-scale intelligent computing clusters and improving coordination between computing power and electricity systems.</p>
<p>&#8220;This will create a new competitive advantage where AI development is intrinsically linked to the green energy transition. By leveraging its world-leading green energy capacity to power data centers, China can significantly lower the cost of AI computation,&#8221; he said.</p>
<p>This synergy, Depoux added, not only contributes to global climate goals, but also positions China to lead the next wave of digital innovation with more affordable, green-powered AI services.</p>
<p>Moreover, he described Asia as a beacon of global growth in recent years, noting that China is playing a strong role in this trend, fueled by significant technological breakthroughs.</p>
<p>&#8220;China is transforming from a maker and taker of products to an innovator and a trendsetter, driven by a unique combination of innovation, scale and speed,&#8221; said Depoux.</p>
<p>China&#8217;s rise as an innovation leader, together with its fast-growing productivity and worldwide scale-up, will continue to reshape regional and global supply chains while creating opportunities for multinational corporations (MNCs), Depoux said.</p>
<p>For multinationals, China represents a dynamic, multifaceted growth platform, he said. &#8220;The opportunity is not just to sell to China, but to grow with China as it builds new corridors of cooperation, especially with the Global South.&#8221;</p>
<p>&#8220;Across different markets and segments, we will see Chinese companies and MNCs collaborate with each other, both in China and across the rest of the world,&#8221; he said.</p>
<p>The post <a href="https://dailysecrets.net/2026/03/26/chinas-commitment-to-multilateralism-a-stabilizing-anchor-in-volatile-world-says-leading-consultancy-director/">China&#8217;s commitment to multilateralism a stabilizing anchor in volatile world, says leading consultancy director</a> appeared first on <a href="https://dailysecrets.net">Daily Secrets</a>.</p>
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		<title>Asia plays pivotal role in global green energy transition: report</title>
		<link>https://dailysecrets.net/2026/03/26/asia-plays-pivotal-role-in-global-green-energy-transition-report/</link>
		
		<dc:creator><![CDATA[Phil Will]]></dc:creator>
		<pubDate>Thu, 26 Mar 2026 08:16:33 +0000</pubDate>
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		<guid isPermaLink="false">https://dailysecrets.net/?p=8388</guid>

					<description><![CDATA[<p>BOAO, Hainan, (Xinhua) &#8212; Asia is emerging as a pivotal force in the global shift toward greener, low-carbon energy, moving from &#8220;the largest center of traditional energy consumption&#8221; to &#8220;a...</p>
<p>The post <a href="https://dailysecrets.net/2026/03/26/asia-plays-pivotal-role-in-global-green-energy-transition-report/">Asia plays pivotal role in global green energy transition: report</a> appeared first on <a href="https://dailysecrets.net">Daily Secrets</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>BOAO, Hainan, (Xinhua) &#8212; Asia is emerging as a pivotal force in the global shift toward greener, low-carbon energy, moving from &#8220;the largest center of traditional energy consumption&#8221; to &#8220;a leader in clean energy development,&#8221; according to a report released Tuesday by the Boao Forum for Asia (BFA).</strong></p>
<p>Titled &#8220;Sustainable Development: Asia and the World Annual Report 2026 &#8212; Sustainable Development in Asia amid Global Transformation,&#8221; the report underscores the region&#8217;s growing weight in shaping the global energy transition.</p>
<p>It notes that digitalization and green transitions are laying the foundation for a new &#8220;Asian Miracle.&#8221;</p>
<p>Asia&#8217;s role in the global green energy transition is critical as it is home to the world&#8217;s largest population, generates about half of the global GDP and accounts for more than half of global energy consumption.</p>
<p>Across the region, China, India, Japan, the Republic of Korea, ASEAN and Gulf countries are developing renewable energy such as solar and wind power in light of local conditions, while also advancing technologies, including hydrogen, grid modernization, and carbon capture, utilization and storage, with the green economy showing strong growth momentum, says the report.</p>
<p>The numbers illustrate the shift. Asia&#8217;s installed power generation capacity has surpassed 5.3 terawatts, with renewables accounting for 2.67 terawatts, or about half of the total. As a result, the region now represents 58 percent of global installed renewable energy capacity.</p>
<p>&#8220;Asia&#8217;s green transition, particularly energy transition, is deepening and positioning the region as a spearheading global force,&#8221; said Li Baosen, deputy secretary-general of the Global Energy Interconnection Development and Cooperation Organization (GEIDCO), a contributor to the report.</p>
<p>During the process, China stands out as a key driver, Li added. &#8220;In 2025, China&#8217;s total installed clean energy capacity reached 2.4 billion kilowatts, representing roughly 45 percent of the global total.&#8221;</p>
<p>&#8220;Notably, China&#8217;s combined wind and solar capacity has, for the first time, surpassed that of thermal power, an expansion that highlights China&#8217;s growing contribution to energy transformation both in Asia and the world,&#8221; Li added.</p>
<p>Meanwhile, the region is also making rapid advances in emerging green technologies, positioning itself as a potential leader. In 2025, Asia&#8217;s investments in technologies related to solar energy, wind energy, batteries and hydrogen energy accounted for 65 percent, 64 percent, 41 percent and 48 percent of global totals, respectively, playing a crucial role in accelerating the advancement of global low-carbon technologies, according to the report.</p>
<p>Despite significant progress, the report also points out that Asia still faces constraints, including entrenched reliance on fossil fuels, underdeveloped power grid infrastructure and gaps in green financing. These factors, the report notes, could slow the pace of transition if not addressed through coordinated policy and investment.</p>
<p>To navigate these obstacles, the report calls for a shift toward energy systems defined by clean-energy dominance, greater electrification, stronger interconnectivity and smarter efficiency. It urges Asian countries to adopt transition pathways suited to their national conditions while strengthening regional coordination.</p>
<p>Founded in 2001, the BFA is a non-governmental and non-profit international organization committed to promoting regional economic integration and bringing Asian countries closer to their development goals.</p>
<p>Themed &#8220;Shaping a Shared Future: New Dynamics, New Opportunities, New Cooperation,&#8221; the BFA Annual Conference 2026 runs from March 24 to 27 in Boao, a coastal town in China&#8217;s southernmost island province of Hainan.</p>
<p>The post <a href="https://dailysecrets.net/2026/03/26/asia-plays-pivotal-role-in-global-green-energy-transition-report/">Asia plays pivotal role in global green energy transition: report</a> appeared first on <a href="https://dailysecrets.net">Daily Secrets</a>.</p>
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		<title>Asia&#8217;s economy expected to expand 4.5% in 2026</title>
		<link>https://dailysecrets.net/2026/03/26/asias-economy-expected-to-expand-4-5-in-2026/</link>
		
		<dc:creator><![CDATA[Phil Will]]></dc:creator>
		<pubDate>Thu, 26 Mar 2026 07:28:15 +0000</pubDate>
				<category><![CDATA[business]]></category>
		<category><![CDATA[world]]></category>
		<category><![CDATA[Asia]]></category>
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		<guid isPermaLink="false">https://dailysecrets.net/?p=8376</guid>

					<description><![CDATA[<p>BOAO, Hainan, (Xinhua) &#8212; Asia remains the world&#8217;s primary growth engine, with its economy forecast to expand by 4.5 percent in 2026, according to a report released by the Boao...</p>
<p>The post <a href="https://dailysecrets.net/2026/03/26/asias-economy-expected-to-expand-4-5-in-2026/">Asia&#8217;s economy expected to expand 4.5% in 2026</a> appeared first on <a href="https://dailysecrets.net">Daily Secrets</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>BOAO, Hainan, (Xinhua) &#8212; Asia remains the world&#8217;s primary growth engine, with its economy forecast to expand by 4.5 percent in 2026, according to a report released by the Boao Forum for Asia (BFA) this week.</strong></p>
<p>Asia&#8217;s share of global GDP is projected to continue its upward trajectory, rising from 49.2 percent in 2025 to 49.7 percent in 2026 on a purchasing power parity basis, according to the report titled &#8220;Asian Economic Outlook and Integration Progress Annual Report 2026.&#8221;</p>
<p>The foundations of Asian trade integration have continued to strengthen, the report noted, citing data that intra-regional trade dependence edged up from 56.3 percent in 2023 to 57.2 percent in 2024, as major economies across the region increasingly orient their trade ties toward one another.</p>
<p>&#8220;China and ASEAN continue to stand out as the region&#8217;s twin &#8216;anchors of stability&#8217;,&#8221; the report pointed out.</p>
<p>Asia-Pacific economies are increasingly transitioning from individual integration into global value chains toward a model of shared regional integration, with many advancing up the value chain ladder buoyed by support from within the region, it said.</p>
<p>The region also continues to be the world&#8217;s premier destination for foreign direct investment, recognized for its resilience, growth potential and enduring appeal to global investors, with China and ASEAN leading as the most attractive destinations, it said.</p>
<p>On the tech front, the report said the global epicenter of artificial intelligence (AI) development is progressively shifting from Europe and the United States toward Asia.</p>
<p>&#8220;Capitalizing on their substantial digital populations, diverse application ecosystems, and coherent policy frameworks, Asian economies are rapidly evolving from AI followers into frontrunners,&#8221; it said.</p>
<p>Founded in 2001, the BFA is a non-governmental and non-profit international organization committed to promoting regional economic integration and bringing Asian countries closer to their development goals.</p>
<p>Running from March 24 to 27, this year&#8217;s conference is themed &#8220;Shaping a Shared Future: New Dynamics, New Opportunities, New Cooperation.&#8221;</p>
<p>The post <a href="https://dailysecrets.net/2026/03/26/asias-economy-expected-to-expand-4-5-in-2026/">Asia&#8217;s economy expected to expand 4.5% in 2026</a> appeared first on <a href="https://dailysecrets.net">Daily Secrets</a>.</p>
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