Class questions:can this model work in asia? could one day we see an "asian union"?

 This model doesn't work.

Asia's future holds huge potential. Over the past 30 years, Asia has achieved impressive development - Asia's consumption levels are rising rapidly and it has successfully integrated into global flows of trade, capital, talent and innovation. In the coming decades, Asian economies will not only participate in flows in these areas but also determine the direction of those flows. From the Internet to trade to luxury goods, Asia has already become a mainstay in many areas. The key issue today is no longer how fast Asia will rise, but what kind of leadership it will play. Although this vast world contains a variety of languages, races and religions, the governments, economic systems and human development indicators of Asian countries are all showing positive trends. Asia's rise has not only lifted hundreds of millions of people out of extreme poverty, it has also significantly improved the living standards of people at all income levels. However, poverty and other development challenges remain. As populations grow dramatically, many cities struggle to provide adequate housing, infrastructure and other related services. Countries and regions in Asia need to achieve more inclusive and sustainable economic growth to cope with the pressures of inequality and environmental problems.

While relations between Asian countries are looser, trade ties and cooperation are deepening across Asia. Today, 52% of Asia's trade is intraregional, a much higher proportion than in North America. This reflects a new trend: companies establish self-sufficient regional supply chains to serve the Asian market. At the same time, trade relations among Asian countries and regions are increasingly deepening, and there is huge room for development. The Regional Comprehensive Economic Partnership (RCEP) is a new free trade agreement involving 16 countries, including China, Japan, India and Vietnam. While growth in merchandise trade has leveled off, services flows have become the true “connective tissue” of the global economy. Asia's evolution has reached a new stage that requires deeper global understanding; it is upending long-standing assumptions about the world's economic balance in the West, in other emerging economies, and even in Asia itself.

Although the forms of alliances among Asian countries may vary due to political, historical and cultural differences, the overall trend in Asia is to strengthen cooperation and jointly address global challenges.

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