Business leaders from throughout the world will be watching events at the World Knowledge Forum, Asia’s leading business forum. It begins in Seoul, South Korea, on Oct. 12 and runs until Oct, 14. The themes include Asia’s increasing economic power and the need for business innovation.
Asia, with a population of 3.2 billion, represents over half of the entire world’s population. It has grown into one of the top three economic blocs along with the United States and the European Union. In addition, more than half of the global foreign reserves (7.8 trillion dollars) are concentrated in Asia. Seven out of the top 10 foreign reserve holders are Asian countries. Five Asian countries-Korea, Japan, China, India and Indonesia-are taking part in the Group of 20 (G20), which is increasingly replacing the Group of 8 (G8) to lead global governance.
For more information on the forum and the issues to be presented, please click here.