TOWARD A NEW ASIAN ORDER : A WORLD REPORT SPECIAL SECTION
“In a global market, the companies that flourish are the companies that have a feeling for particular markets--and you acquire a feeling for markets by being in them with production facilities, research and design facilities, and marketing facilities so that you can design products to local tastes and bring them to the market quickly.”
--. Michael H. Armacost, U.S. ambassador to Japan
“America is in retreat. There are exceptions--Proctor & Gamble and a few others. But by default and design, Japanese money is going into the mega-market of the future (in Asia).”
--. Kenneth S. Courtis, chief strategist, Deutsche Bank Capital Markets, Tokyo.
“We Americans have neglected to give Asia and Japan, in particular, the attention it deserves ... High-level contact has been disproportionately limited, and our focus has been crisis-oriented.”
--. Cyrus Vance, former secretary of state, said in Tokyo last month (April).
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