Asias great story of the past decade, and probably of more than one decade in the future, is Greater China the building of the web linking Chinese businesses and markets between the Mainland and the diaspora, making it into the regions someday the worlds pre-eminent economic engine. This is the story that saved global investment banks during the Asian crisis and this is the story that will deliver most of their Asia profits in the future.
The key to this is, of course, Mainland Chinas growth and transition to a market economy, evidenced by the enormous sums of foreign direct investment FDI that continue to pour in. Yet most business...
