In 1996, Chongqing’s per capita GDP was US$550. Twenty years later, it has grown 14 times to almost US$9,000, and the city has transitioned out of heavy industry: one in three laptops worldwide…

Xueman Wang |

A new report focuses on how Southeast Asia can overcome the still very significant barriers to the expansion of its digital economy.

Boutheina Guermazi, Natasha Beschorner |

A new World Bank study concludes that the Belt and Road transport corridors could substantially improve trade, foreign investment, and living conditions for citizens in participating countries—but…

Martin Raiser, Michele Ruta |

Malaysia is largely seen as a global leader in Islamic Finance and has a strong agenda for green and climate-friendly investments. But this outcome did not happen overnight.

Ahmad Hafiz Abdul Aziz, Wei Zhang |

The industrial sector plays a major role in China's rapid economic development in the past four decades: in 2017, it took up more than 40% of the GDP but was also responsible for more than…

Marcin Piatkowski |

A crowded train stops at a station in Thailand to pick-up more passengers. In October 1950, the World Bank made a loan of $3 million to Thailand for the rehabilitation of the Royal State Railways…

Kulaya Tantitemit |

[[tweetable]]Economic progress in East Asia and Pacific (EAP) has greatly contributed to the global reduction of extreme poverty. The more prosperous countries in the region – China, Thailand, and…

Judy Yang |