ABSTRACT
Asia is one of the world’s most dynamic regions, and offers multiple opportunities for businesses and investors. In terms of its nominal gross domestic product (GDP) in 2005, Japan has the largest economy ($4.80 trillion), followed by China ($1.84 trillion) and Korea ($.72 trillion). China’s real purchasing power exceeds $7 trillion, Japan’s is estimated at $4 trillion, and Korea’s is estimated at $1 trillion. These giants’ combined purchasing power is comparable to the $12 trillion U.S. economy.
