EDUCATION EVENT FUND RAISING
Given the problems defining the boundaries of Asia, you can imagine it is also difficult to define certain characteristics regarding the continent. After all, life in Turkey is much different than in China. Conversely, customs in India are completely different than those in China. In fact, most people living in Asia take offence when someone uses the word “Asians” to refer to them. The word implies a similarity among all people in Asia, which simply isn’t true.
Economically, things are a bit easier to categorize. The largest economy in Asia is China as a measure of gross domestic product. Officially known as the People’s Republic of China, this country remains communist in name only when it comes to economic issues. With massive economic growth over the last 10 years, China is the second largest economy in the world after the United States. Another heavily populated area, India, is now the fourth biggest economy in the world, while relatively small Japan is the third. Put in practical terms, Asia is home to three of the four biggest economies on Earth. The three dominant financial centers are Hong Kong, Tokyo and Singapore.