World Geography / Unit 10: East Asia, Southeast Asia and Oceania
10.5 Economies and Trade of the Region
Notes
- Japan: advanced manufacturing (cars, electronics), few natural resources, imports energy. South Korea: electronics, shipbuilding and cars. China: the world's major manufacturing and exporting center, with rapid growth since the late 1970s market reforms.
- Singapore, Hong Kong: major trade and finance hubs. Vietnam, Thailand, Malaysia: growing manufacturing and exports.
- Many Southeast Asian economies grow rice, rubber, palm oil and coffee; Indonesia produces oil, gas and minerals.
- Australia exports iron ore, coal, wheat, wool and beef; New Zealand exports dairy, meat, wool and wine.
- The Pacific Rim is a major trade area. APEC and ASEAN are cooperation groups. Container ports such as Shanghai and Singapore are among the world's busiest.
Practice
Which economy is known for advanced electronics and cars but has few natural resources and imports most of its energy?
Japan relies on skilled workers and technology.
Singapore is a major world trade center mainly because
Its location by the Strait of Malacca makes it a natural hub.
Which product is a major export of Australia?
Australia has major iron ore and coal mines.
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