Hong Kong/China: Into the light
Although foreign firms suffered greatly during the Sars outbreak in East Asia, the majority are now beginning to find their feet again. Sophie Evans looks at their attempts to reassert their influence in the region
Shearman & Sterling’s Hong Kong managing partner Edward Turner describes the year of 2003 in Hong Kong as one of “slipping and sliding” for a lot of firms, with many of the US contingent hunkering down to weather the Sars crisis as well as adverse general market conditions.
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