I’m posting excerpts from an article of mine published recently in China Daily.
‘Going Global’ Seems Tough Journey
By Jalal Alamgir, China Daily, 19 May 2008
More and more firms from Asia are going global. According to United Nations data, between 2005 and 2006, China’s outward investment increased by 32 percent to $16 billion, one of the fastest.
State-owned [...]
Archive for May, 2008
‘Going Global’ Seems Tough Journey
Posted in China, Global Strategy, Risk Management on May 28, 2008 | 3 Comments »
Globalization Optimism and Political Pessimism
Posted in Global Strategy, Risk Management, tagged free markets, free trade, global risks, globalization risks, Political Risk on May 5, 2008 | 2 Comments »
More than two-thirds of corporate CEOs are optimistic about globalization, believing that cross-border mergers, acquisitions, and business in general will keep on increasing through 2009. Imminent recession in the advanced industrial economies may even increase their spread abroad. Consider these growth projections made by IMF. In 2008 and 2009, the US economy will grow at most by 0.6 percent. [...]