East Asia has become the heartland of the global economy, the place where most of the high-tech products defining the current stage of human development are produced. If you doubt that assessment, take a stroll through Best Buy and see if you can find anything made in America or Europe.
The Asian manufacturing revolution began in Japan, but now is concentrated in China. Even companies that ostensibly are located in other countries, like Samsung and Sony, depend on Chinese inputs for their signature products. As a result, China has become the greatest manufacturing power in the world.