impact in terms of new opportunity and risk. In Japan new markets can be in the offering as a result of expected deregulation. But on the other hand greater competition in the home-countries can become a threat, when a host of new fast growing Japanese companies appear on the scene as they break out of oversized and inflexible corporate groups, and seek their fortune independentlyon global markets. Six years after Tiananmen China stands today as one of the worlds leading growth nations. Because of this - and only for this reason - it is recognized and to a certain extent even respected by all...

impact in terms ofnew opportunity and risk. In Japan new markets can be in the offering as a result of expected deregulation. But on the other hand greater competition in the home-countries can become a threat, when a host of new fast growing Japanese companies appear on the scene as they break out of oversized and inflexible corporate groups, and seek their fortune independently on global markets. Six years after Tiananmen China stands today as one of the worlds leading growth nations. Because ofthis - and only for this reason - it is recognized and to a certain extent even respected by all...