Asian Manufacturing and Financial centres

Manufacturing in Asia has traditionally been strongest in East and Southeast Asia, particularly in mainland China, Taiwan, South Korea, Japan, India and Singapore. Japan and South Korea continue to dominate in the area of multinational corporations, but increasingly mainland China, and India are making significant inroads. Many companies from Europe, North America, South Korea and Japan have operations in Asia's developing countries to take advantage of its abundant supply of cheap labour and relatively developed infrastructure.

Asia has four main financial centres: Mumbai, Hong Kong, Singapore, and Tokyo. Dubai is growing fast as a financial hub for West Asia. Call centres and business process outsourcing (BPOs) are becoming major employers in India, Pakistan and The Philippines due to the availability of a large pool of highly-skilled, English-speaking workers. The increased use of outsourcing has assisted the rise of India and the People's Republic of China as financial centres. Due to its large and extremely competitive information technology industry, India has become a major hub for outsourcing.