The global crisis has hit Asia hard,and it may take some time before the region’s economies recover,the International Monetary Fund(IMF) commented in its latest report on Asia and the Pacific.
The global financial crisis has rocked the American and European Union banking system leaving many Western banks teetering on the verge of bankruptcy. But in the East, Asian banks have fared well so far. But what’s t...The global financial crisis has rocked the American and European Union banking system leaving many Western banks teetering on the verge of bankruptcy. But in the East, Asian banks have fared well so far. But what’s the secret to their success in riding out the crisis? Karen Fawcett, Group Head of Transaction Banking of Standard Chartered Bank, gave her answers in the following article with Beijing Review. Edited excerpts follow:展开更多
文摘The global crisis has hit Asia hard,and it may take some time before the region’s economies recover,the International Monetary Fund(IMF) commented in its latest report on Asia and the Pacific.
文摘The global financial crisis has rocked the American and European Union banking system leaving many Western banks teetering on the verge of bankruptcy. But in the East, Asian banks have fared well so far. But what’s the secret to their success in riding out the crisis? Karen Fawcett, Group Head of Transaction Banking of Standard Chartered Bank, gave her answers in the following article with Beijing Review. Edited excerpts follow:
