Where is Asia’s place amid the shifting global trade map? 

In the newest episode of our This is Deutsche Bank podcast, Alexander von zur Mühlen, CEO for Asia Pacific, Middle East, Africa, Europe, and Germany, and Management Board member, speaks with host Michael Steen about what shifts in trade patterns mean for the global economy, and their relevance for Asia – a region that has firmly earned its place at the centre of the financial system.

How is Asia’s role changing?

The global economic centre of gravity is gradually moving east, driven by population growth and rising economic relevance, von zur Mühlen explains. India, for example, is set to become the world’s third-largest economy by the end of this decade while Southeast Asia and the Middle East are attracting increasing investment and attention.

What’s driving this?

As Asia grows richer and more relevant, its influence has expanded beyond its traditional role as a production centre. It has become a major driver of demand, consumption, and financial flows. The lessons of the recent crises also still loom large, with companies looking to strengthen their supply chains and add new hubs – creating opportunities for other countries in the region.

What about Europe?

Europe’s renewed focus on economic growth and fiscal stimulus is making it an attractive destination for global capital. Von zur Mühlen also explains how Europe is benefiting from its reputation as a loyal and reliable long-term partner, with its markets increasingly being viewed as a safe haven for capital – particularly important in today’s more disrupted world.

How does Deutsche Bank support clients?

Deutsche Bank’s global network is a major differentiator, enabling clients to operate seamlessly across continents and to explore new markets with the same partner by their side – wherever they go.