<P> Asia is the largest continent in the world by a considerable margin, and it is rich in natural resources, such as petroleum, forests, fish, water, rice, copper and silver . Manufacturing in Asia has traditionally been strongest in East and Southeast Asia, particularly in China, Taiwan, South Korea, Japan, India, the Philippines, and Singapore . Japan and South Korea continue to dominate in the area of multinational corporations, but increasingly the PRC and India are making significant inroads . Many companies from Europe, North America, South Korea and Japan have operations in Asia's developing countries to take advantage of its abundant supply of cheap labour and relatively developed infrastructure . </P> <P> According to Citigroup 9 of 11 Global Growth Generators countries came from Asia driven by population and income growth . They are Bangladesh, China, India, Indonesia, Iraq, Mongolia, Philippines, Sri Lanka and Vietnam . Asia has four main financial centers: Tokyo, Hong Kong, Singapore and Shanghai . Call centers and business process outsourcing (BPOs) are becoming major employers in India and the Philippines due to the availability of a large pool of highly skilled, English - speaking workers . The increased use of outsourcing has assisted the rise of India and the China as financial centers . Due to its large and extremely competitive information technology industry, India has become a major hub for outsourcing . </P> <P> In 2010, Asia had 3.3 million millionaires (people with net worth over US $1 million excluding their homes), slightly below North America with 3.4 million millionaires . Last year Asia had toppled Europe . Citigroup in The Wealth Report 2012 stated that Asian centa - millionaire overtook North America's wealth for the first time as the world's "economic center of gravity" continued moving east . At the end of 2011, there were 18,000 Asian people mainly in Southeast Asia, China and Japan who have at least $100 million in disposable assets, while North America with 17,000 people and Western Europe with 14,000 people . </P> <P> With growing Regional Tourism with domination of Chinese visitors, MasterCard has released Global Destination Cities Index 2013 with 10 of 20 are dominated by Asia and Pacific Region Cities and also for the first time a city of a country from Asia (Bangkok) set in the top - ranked with 15.98 international visitors . </P>

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