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Posted on Tuesday, May 29, 2007, 12:00AM During the past two weeks I toured Southeast Asia, visiting Bangkok, Cambodia, Singapore, Bali, and Hong Kong. In those two weeks the news media reported these headlines: China surpasses Japan as the second largest auto market, right behind the U.S. China invests $3 billion in Blackstone, a leading U.S. private equity group Thai, Singapore, and Chinese stock markets continue to hit all-time highs Virtually everyone I met said their economy was strong and the future looked bright. Tourism is up and each country is competing for the tourist dollar. Singapore trumpets their “Integrated Resorts,” a euphemism for casinos, but actually a well-planned commercial, residential, and green development that is designed to attract international tourists. “We plan to light all Singapore’s buildings... [read full story]
