Economic Integration Benefits All
March 31, 2005
rapid economic development is going to deliver real benefits rather
than pose threats to its Asian neighbours, including ASEAN countries
This point was forcefully made by Long Yongtu, secretary-general
of the Boao Forum for Asia, at the ninth China Daily CEO Roundtable
themed "China-Asia Business Partnership: Implications for multinationals"
held in Beijing yesterday.
At the conference organized by China Daily, Long pointed out that
economic integration in Asia is of strategical importance for all
countries in the region as well as those companies including multinationals
operating in this region.
This point was also echoed by some 30 China-based chief executive
officers and senior executives of leading multinationals, domestic
companies and international organizations such as BASF, Shell, Pfizer
Investment, BMW Group, British Airways, the Walt Disney Company,
Eastman Kodak, China Unicom and Clear Media, as well as the Asian
Development Bank, who attended the conference yesterday.
here to read further: http://news.xinhuanet.com/english/2005-03/30/content_2761266.htm
Roil Waves for Korea, Japan Economies
March 28, 2005
Korea and China should be joining hands to ensure that today's rapid
growth continues. They should be creating free-trade zones and a
euro-like single currency. They should be building a regional bond
market, linking stock markets, launching an Asian credit-rating
system for debt and adopting standardized accounting. They should
be working together to cool tensions with North Korea.
a time when Asia parks hundreds of billions of dollars in U.S. Treasuries,
it's mulling ways to keep its vast savings at home. Creating a regional
debt market would help Asia do just that. The funds could support
local entrepreneurs and help improve infrastructure. Japan also
has been trying to convince Asian investors to buy more of its government
here to read further: http://quote.bloomberg.com/apps/news?pid=10000039&refer=columnist_pesek&sid=aYvbzixyvlJ4