The rest of high-saving Asia will slowly begin to join them as global fund-management houses cobble together their sales networks.
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There, American teachers provide real-time video English lessons to thousands of students in classrooms across Asia via high-speed fiber optic networks.
The shopping malls popular in provincial America and Europe and in the new high-rise cities of Asia are unappealingly uniform.
Higher energy demand and rising oil prices boosted oil-producing countries, while the continuing surge in high-tech demand benefited Asia and North America.
The high-tech industry is most reputable in the Asia-Pacific market.
The Apec summit, a high profile meeting between Asia-Pacific leaders, will take place there next year.
But it will also act as a complement to the rich service-sector economies of the OECD and the high-tech economies of East Asia.
The British Prime Minister Tony Blair has announced EU plans to send high-level business missions to Asia to demonstrate faith in the economic future of the region.
At the close of the ASEM meeting of European and Asian leaders, British PM Tony Blair promised high-level business missions to Asia to encourage investment in the region.
They tend to be more resilient in times of stress, while retail investors typically flee when markets turn sour, said Luke Garner, co-head of high-yield capital markets in Asia, excluding Japan, at J.
As a result, much of Asia's plentiful high-tech money is sitting idle for lack of talent.
Japan may ultimately get its act together to become a high-value brand producer and player in Asia's new consumerism.
The company is assigning greater priority to investment of management resources in high-growth business sectors in general and Asia in particular.
To be sure, Microsoft is spending money to develop high-speed Net services and content in Asia (it is teamed with Hong Kong's major phone company on a broadband portal).
Mark Follett, head of the firm's high-grade debt capital markets desk for Asia excluding Japan, says that is because many Chinese companies plan to tap the bond market and diversify their funding from a heavy reliance on bank loans.
But such forward thinking has transformed South Korea from one of the poorest countries in Asia to an advanced high-tech economy that's home to major tech firms like Samsung and LG, as well as the most wired population on the planet.
The event brought together more than 20 executives from a range of different companies that shared a common pain point: high attrition among key local talent is a major impediment to achieving the aggressive growth expectations that have been set for companies not just in Asia, but in high-growth emerging markets globally.
David Pritchard, an American academic and consultant who has studied both companies, says that Airbus must now send more basic work to cheap-labour countries in Asia with currencies tied to the dollar, keeping only high-added-value stuff and final assembly in Europe.
"High-grade, government-owned corporates with strategic assets in the largest economy in Asia remain popular with investors globally, " said Duncan Phillips, co-head of debt syndicate in Asia ex-Japan at Citigroup Inc.
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"High-grade, government-owned corporates with strategic assets in the largest economy in Asia remain popular with investors globally, " said Duncan Phillips, co-head of debt syndication in Asia excluding Japan at Citigroup Inc.
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The fast-growing economies of Asia-Pacific and Latin America offer long-term, high-growth potential in domestic delivery markets.
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He suggested the study could explain why there is a high level of normal-tension glaucoma in eastern Asia.
That does mean the high growth rates of mobile devices in Asia-Pacific, Latin America, Eastern Europe and the Middle East and Africa should not translate to the same monetary benefit for advertising revenue.
Asia is now home to more high-net-worth, or HNW, individuals than any other continent.
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All the talk in Asia is about whether electronics and high-tech exports will recover in 2002.
Boao Forum for Asia (BFA) is a high-level forum modeled after the World Economic Forum and hosts meetings for heads of state and businesspeople.
But if Asia is to spawn its own high-tech culture, it must learn to foster and to keep such people in far greater numbers.
"The high-growth Indian market, the third largest in Asia after China and Japan, was a noticeable gap in our network, " says Gavin Darby, Vodafone's chief executive for the U.S., Africa, China and India, who now sits on Bharti's board.
All that cleaner, greener gas has already been presold under 20-year contracts to buyers in Asia at prices indexed not to low-priced American gas but to high-priced oil.
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