Category: Asia

South Asia and East Asia – Economy
East Asia, along with Europe and the USA, is one of the three switching points of the globalized economy. The economy is characterized by a diverse and strongly export-oriented industry, which has often developed despite unfavorable spatial conditions and a lack of raw materials, and a strong service sector. Most of the sites can be found along the densely populated coasts. The ports there are connected to all parts of the world by container lines; Most of the raw materials and industrial goods required are also imported through them. The Great Plain and the Red Basin are among the most important agricultural landscapes on earth.

The distribution of the signatures for industry shows that Japan, the third largest economy in the world, has the highest industrial density in East Asia. In the fields of steel production, shipbuilding and automobile construction, in the chemical and electrotechnical industry / electronics, Japan is one of the leading industrial countries in the world. In terms of steel production, Japan is in second place worldwide (after China) despite the lack of its own raw material base.

The industrial development in Taiwan began with labor-intensive light industry (leather, textiles, clothing), from 1960 a more demanding export-oriented light industry and from 1970 a capital-intensive steel, machine and vehicle industry as well as electronic and chemical industries were built up. Domestic energy sources and other mineral resources are hardly available. Nevertheless, the country today has a modern and diversified economic structure. For more information about the continent of Asia, please check payhelpcenter.com.