Philippine Finance Secretary Carlos Dominguez lauded China's Belt and Road Initiative (BRI) on Monday, calling it "the single largest enterprise in human history" that will bring the Asian economies closer together.
Based on a report by Knight Frank, co-living is expected to gather more momentum in Asia Pacific (“APAC”). Opportunities in each city will largely depend on their competitive advantages and constraints.
Despite the acceptance of the initiative by an increasing number of economies, its implementation is facing new challenges.