This checklist identifies key factors for companies to consider
when planning their international business expansion into
Asia-Pacific
International business expansion into Asia-Pacific
By most economic indicators, Asia Pacific offers the greatest
economic potential in the coming decades.
In 2020, Asia Pacific's total gross domestic product (GDP)
was $31 trillion, accounting for 37% of the world's GDP
(source: International Monetary Fund). The region is
also expected to contribute 60% of global growth by 2030, according
to the Asian Development Bank.
Post-pandemic, the swift action of governments in the region and
economic resilience has earned the trust of 65% of CFOs as their
choice of destination for international expansion plans, according
to a survey by HR technology platform Globalization Partners.