| This is an OZY Special Briefing, an extension of the Presidential Daily Brief. The Special Briefing tells you what you need to know about an important issue, individual or story that is making news. Each one serves up an interesting selection of facts, opinions, images and videos in order to catch you up and vault you ahead. WHAT TO KNOW What’s happening? Concerns are mounting that the trade war between Beijing and Washington could hit other Asian economies disproportionately — especially those with large industries that help China manufacture all the exports it may soon have in surplus. But OZY’s research shows that Asia’s new tigers know that diversity is the name of the game. Kazakhstan and the United Arab Emirates (UAE) are trying to wean themselves off their overwhelming dependence on natural resources, while Bangladesh and the Philippines are looking beyond cheap labor as their chief economic asset. And as Vietnam's economy races along, some of its workers are upgrading skills to avoid being left behind. Why does it matter? The world may be witnessing a global economic shift, with long-established loyalties and dominance in both foreign policy and the markets increasingly in flux. Nimble emerging economies — those that are prepared and endowed with a dose of luck — may be able to seize the moment. Many of them are based in Asia, the world’s largest economic region. OZY has picked out those that are making the boldest bets at transforming themselves. | 