Tigers
stalked by the dragon - Financial Times,
December 17, 2004
The south-east Asian ‘tiger' economies Singapore, Malaysia,
Thailand and Indonesia used to be regarded as some of the world's
most dynamic investment opportunities. Now, according to some experts,
their power is being eroded by the ‘dragon' economy of China.
Two factors loom large in this assessment. One is possibly weakening
demand from the US. The second is that, cheap manufacturers though
the tiger economies are, China is cheaper...
One big plus for Thailand is its development of industrial infrastructure,
according to Robert Stockfis, a consultant investment analyst and
long-time resident in the country...
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