Regional economies are generally sound, with good long term prospects. While Asian banks grapple with new capital rules in the short term, they are likely to withstand long term stress to their operations.
After a 25-year isolation period that left a shattered economy, the now civilian government’s moves to revamp the economy has drawn much outside interest.
In an exclusive video interview, William Fung, executive deputy chairman of Li & Fung, discusses trends underpinning the manufacturing, labour and trade sectors in the globalised supply chain.
William Fung, executive director of Li & Fung, discusses the globalisation of the manufacturing industry, building a knowledge network, and managing capital flow.