At the same time, Asian economies have been gradually diversifying into new markets; private consumption is growing; and the authorities in much of the region have ample leeway to prop up their economies through cuts to interest rates or taxes, if needed, economists say.
The William and Flora Hewlett Foundation lost more than $1 billion in 2002, largely because of a decline in the value of its stakes in Hewlett-Packard and Agilent, which it has been gradually selling off to diversify.
Thus, fresh water sources are being gradually diversified to improve the reliability and resilience of the systems.
Housing stock and the income levels of the neighborhood's 48,000 residents are gradually diversifying, said Cedric Loftin, the district manager of Community Board 1, which represents the area.
That said, there is no official limitation on genre, and the music featured in esports content is gradually diversifying along with its audience.
The former traditional economic structure based on footwear and engineering is gradually diversifying with wholesale, logistics, and service sectors providing new opportunities for employment.
Gradually, production has been diversifying from such labour-intensive industries as textiles to high-technology activities like the manufacture of electronics and precision equipment and oil refining, which yield a much higher added value to production.
