Goldman Sachs: 'Asian Century' Dawns with Historic Shift in Global Economic Power
October 18, 2025
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
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Sources

Pars Today • Oct 17, 2025
The Asia era: The global economic center of gravity shifts East
Pars Today • Oct 18, 2025
Asia era: Global economic center of gravity shifts East