Crossroads

At the intersection of technology, finance and the Pacific Rim.

Wednesday, June 18, 2008

China Ripple Effect

The NY Times reports:

"a growing number of multinational corporations are pursuing a strategy that companies and analysts call “China plus one,” establishing or expanding Asian bases outside China, particularly in Vietnam. "

The effect might be akin to Japan's impact on the growth of the four Asia tigers in the late 1970s and 1980s as they began shedding labor-intensive industries to their neighbors....except China will create big waves that could transform countries like Vietnam and Bangladesh.

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home