Monday, August 10, 2009

Asia Rising

One long-term trend that's been thrown for a loop in the past year is the steady rise of Asia as a force in the global economy. Seemingly unstoppable in the past decade, China in particular saw a sharp slowdown in its growth in recent months as investment flows dried up, exports collapsed, and stock markets and consumer confidence plummeted. It would be delusional, however, to think that the trend had been permanently thrown into reverse, or even put on hold for long. This week already, published data suggest the region is on the road to recovery.

Harvard Business Review (July - August 2009)
http://blogs.harvardbusiness.org/hbr/hbr-now/2009/07/trend-to-watch-asia-rising.html

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