Issuance of offshore renminbi-denominated bonds - or dim sum bonds - have skyrocketed since the first sale in 2007 in response to strong demand outside the People's Republic of China for exposure to the country's strong growth story.
The development and strengthening of knowledge-based economies is both an imperative and an opportunity for developing Asia to sustain high rates of growth in the future and avoid the middle-income trap.
This index aims to give policymakers a unique tool to measure progress in fostering creativity and innovation in 22 Asian economies, with the United States and Finland included for comparative purposes.
Two-thirds of the world’s hungry reside in Asia and the Pacific, and food insecurity persists bringing the specter of hunger and undernutrition to millions more of the region’s poor. In response, ADB is focusing on a comprehensive multi-sector engagement with the goal of curbing food insecurity.
Increasing attention is being given to the “livability” of the People’s Republic of China’s (PRC) cities as their environment becomes less polluted. An ADB study ranks 33 cities of the PRC according to their environmental livability through a pioneering series of indexes.
In Central Asia, six CAREC corridors link the region’s economic hubs to each other and connect the landlocked CAREC countries to other Eurasian and global markets. Corridor 3 connects the Russian Federation to South Asia and the Middle East, running through six of CAREC’s member countries.
To meet the development challenges of a rapidly-changing Asia-Pacific region, ADB is realigning its operations to emphasize inclusiveness, build resilience, and focus on solutions for middle-income countries.