Big Asian economies take on the forces of international capital—and win

A war is being waged on an international scale, with the economies of Asia leading the charge. Their goal? To defy the powerful forces of international capital that have been the bane of developing nations worldwide. From China to Japan to South Korea and beyond, Asian countries have taken the fight to foreign corporations, and the results are in: it’s looking like a decisive victory for the Asian economies. Read on to learn more about how and why these nations are winning the battle for economic sovereignty.

1. Battling International Capital: Big Asian Economies Take the Lead

Asia has long been the poster child for global economic growth, with Asian markets leading the charge as powerhouse nations. But in the fight against international capital, Asian economies are now leading the way in terms of social change. Here are some of the biggest steps that countries in the region have taken in recent years.

• New Regulations: In an effort to further protect their respective citizenries from the influence of large-scale capital investors, many Asian countries have implemented new regulations that limit the amount of foreign investment that can be made in the country.
• Financial Investor Rules: To further capitalize on the potential of individual investors, certain countries have implemented financial market rules that promote local investments and restrict large financial institutions from taking over.
• Tax Reforms: Though tax compliance is still far from perfect in the region, several countries have revamped their tax poles to better capture income from wealthy international investors and put it to work in their respective countries.

Overall, Asian countries are in the midst of a monumental shift towards protecting their societies from the influence of large-scale capital. These changes can serve as an example for the rest of the world as to just how quickly society-wide change can be achieved when the political will is present.

2. Taming the Global Monopolies: Asian Markets Strike Back

In recent years, we’ve seen the emergence of large multinational companies with unprecedented access to global markets. These companies, based largely in the United States and the European Union, have been growing in size and influence, making it difficult for many smaller and mid-sized businesses to remain competitive. However, some markets in Asia have begun to push back against this growing economic imbalance, and are now standing up to the global monopolies.

China, in particular, has been at the forefront of this movement, introducing a series of antitrust laws as part of an effort to rein in the growing number of large, monopolistic companies. These laws include:

• Greater Transparency: Companies are now more subject to scrutiny, with the goal of preventing antitrust activities like price-fixing, market allocation, and bid-rigging.
• Increased Oversight: An antitrust monitoring committee has been set up to investigate possible violations of the anti-monopoly act.
• Growing Competition: The government has taken steps to reduce the size of existing corporate empires and encouraged more competition in certain sectors.

In addition to China, India, South Korea, and Japan have all taken similar steps to curb the power of global monopolies. These efforts have not only strengthened local markets, making it easier for smaller businesses to compete, but have also created an environment more conducive to technological innovation, leading to more dynamic and competitive products.

3. Building a Wall of Resilience: How the East is Countering Capitalism

The Eastern world is a powerhouse when it comes to resilience in the face of capitalism. But how have different nations fought against the oppression that capitalism brings? By building a wall of resilience around their identities, values and cultures. Here are three key tactics which have proven successful.

• Weaving Structure Into the Community: Governments in the East have put a lot of emphasis on the importance of weaving structure into the lives of the people. This includes economic regulations, laws and state-funded initiatives, which are all aimed at ensuring people are involved in organizing their own lives and mitigating the power of capitalism.
• Prioritizing Self-Sufficiency: Creating an internal infrastructure is a priority for many Eastern nations, in order to cultivate self-sufficiency. This largely involves orienting collective efforts to empower people to become independent and autonomous, in order to reduce their reliance on capitalist systems.
• Encouraging Local Solutions: As part of their resilience efforts, many Eastern nations are focused on empowering local communities to come up with solutions to capitalize on local resources. This includes government supported programs that promote self-sustainability and entrepreneurialism in order to develop independent economic systems from those of capitalism.

These strategies have been instrumental in helping Eastern nations build a wall of resilience against the oppressive aspects of capitalism. Governments and people throughout the region are really embracing this innovative approach towards creating a sustainable future for their communities.

4. Triumph of the Will: Big Asian Economies Against International Capital

The roaring dragon economies of Asia have long been subjected to the whims of global banks and international capital. But recent events have proven that such powerful Asian nations as China, Japan and South Korea, can no longer be shuttered away like helpless victims. These countries, with the aid of their competent leadership, have pushed back to secure their financial autonomy and prosperity.

What we are now witnessing is a triumph of the will for the giants of the East. A monumental shift in the international finance market is underway, as big Asian nations demonstrate an incredible resiliency to outside pressure. By taking assertive and proactive measures, including increases investments and regulatory changes, these economies have unleashed a torrent of progress and strength.

• Chinese stocks are expected to increase by 11.5% in 2018
• South Korea’s new financial act has opened up vast banking opportunities
• Japan is set to launch a $150-billion bond program

The implications of these accomplishments are far-reaching – and no longer is the Asian market subject to the dictates of a handful of international power brokers. The winds of change have been blowing steadily; so much so that the old guard can only sit back and take notice. The Asian tigers have taken control of their own destinies, and never again will they shy away from setting a new path for the global economy. It appears that Big Asian economies have a powerful drive and ambition to become competitive players on the international stage. Whether or not they succeed in the long-term remains to be seen, but they have certainly shown an aura of strength, confidence, and resilience in the face of international capital. Their story is a lesson to be learnt: with grit, determination, and resourcefulness, anything is possible.