While the economies of most Asian countries is termed as developing nations, there is huge difference among each. When mentioned North Asia, comprising countries China, Japan, Mongolia, North Korea, South Korea, and Taiwan, China is the largest economy in Asia, followed by Japan, India, and South Korea. Given the advancing business and technology, it would not be wrong to acclaim the North Asian countries have grown positively over the years, containing the COVID-19 pandemic. The collated result of increased R&D spending, education and ease of starting a business, has helped North Asia outperform the stock market. On the bright side, while North Asia has a great say in technology on the back of well-established companies in the region, it also enjoys the economic development through industrialization. As mining & ore processing, construction, e-Commerce, textiles & apparels, Automobiles, Real estate and others drive China’s economy, Japan’s major industries include automobiles, consumer electronics, computers, semiconductors, and iron and steel. Also, while the main industries of North Korea are military products, machine building, chemicals, mining, agriculture, metallurgy, textiles, and food processing, South Korea’s largest industries are electronics, automobiles, telecommunications, shipbuilding, chemicals, and steel. Elsewhere, Taiwan’s main exports are electronics, basic metals and metal products, plastics and rubber, chemicals, and machinery. With such profound industrial dignity, the North Asian region has dynamically grown in business today, and there are many adept business leaders leading this change leveraging their industry and business dexterity.
CEO Insights Asia in this issue presents a list of `Top 10 Business Leaders in North Asia – 2022′ who have leveraged their extensive industry expertise and experience in offering effective skills to the market. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable knowledge.
Source link : https://www.ceoinsightsasia.com/magazine/business-leaders-in-north-asia/november-2022-issue-special8.html
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Publish date : 2024-06-26 13:18:18
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