Hello, world! Welcome to the Emperor’s New Blog, musings and comments on business in Southeast and East Asia.
BusinessWeek (June 8, 2009) has an interesting article on the global financial crisis and the Asian comeback, which fits in nicely with our new book — as they note
Growth in Asia, the author states is tied too much to exports to China and the USA. Yet. some companies continue to succeed. These successful companies’ financial systems have stayed clear of toxic assets and derivatives. We point out that the New Asian Emperors’ strategic decisions and management styles have also kept their companies afloat.
See “Asia: Weathering the Economic Crisis” at http://www.businessweek.com/magazine/content/09_23/b4134034737154.htm
Usha