Goldman Sachs: 'Asian Century' Dawns with Historic Shift in Global Economic Power

October 18, 2025
Goldman Sachs: 'Asian Century' Dawns with Historic Shift in Global Economic Power
  • Goldman Sachs forecasts a historic shift in global economic power towards Asia, signaling the beginning of the 'Asian Century' by mid-century, which will fundamentally alter international trade, geopolitics, and global influence.

  • This economic transition will reshape geopolitics, with China and India seeking greater influence in international institutions, trade standards, and strategic alliances, leading to a more multipolar world order.

  • Despite remaining wealthy, Western economies like the U.S., Europe, and Japan will experience a relative decline in their share of the global economy due to structural challenges such as aging populations, high debt levels, and reliance on financial services.

  • Asia's economic rise is driven by a youthful population, significant investments in infrastructure, technological advancements, and increasing labor productivity.

  • China is expected to surpass the United States as the world's largest economy around 2035, while India is projected to reach approximately $52.5 trillion by 2075, approaching U.S. GDP and shifting substantial wealth and influence to Asia.

  • This transition offers opportunities for growth and cooperation but also demands adaptation from global actors to the evolving economic landscape.

  • New trade routes, investment corridors, and international initiatives led by Asian countries will contribute to a more multipolar global order.

Summary based on 2 sources


Get a daily email with more Global Economy stories

More Stories