亚开行总裁神田真人：“中国+1”是脆弱结构

Core Viewpoint - The "China +1" strategy remains effective as companies seek to diversify their supply chains and reduce dependency on China, particularly in light of geopolitical tensions and trade barriers [1][2][3]. Group 1: Economic Policies and Reforms - Asian leaders are serious about implementing reforms despite existing non-tariff barriers, aiming to utilize the current situation to achieve previously unattainable reforms [2]. - Sustainable fiscal policies are essential for maintaining market trust and ensuring the ability to respond to future crises [2]. - The need for macroeconomic policy normalization is emphasized to avoid becoming prey to market speculators [2]. Group 2: Investment Opportunities - ASEAN is increasingly seen as a viable investment destination as part of the "China +1" strategy, although high U.S. tariffs pose challenges [2][3]. - Asia is viewed as the most suitable region for investment due to its demographic structure and political stability, making it easier to attract investment [3]. - A $10 billion support for urban infrastructure projects in India highlights the potential for large-scale investments in the region [3]. Group 3: Regional Integration and Trade - There is a call for high-quality trade agreements between Asia and Europe to enhance economic integration [3]. - The importance of domestic demand stimulation, infrastructure investment, and talent development is stressed for expanding trade relationships [3]. Group 4: Historical Context and Future Outlook - Japan has a historical tradition of learning from abroad, which is essential for revitalization and future growth [4]. - The need for Japan to open up and embrace diverse ideas and talents is highlighted as a path to greater happiness and prosperity [4].