Most US firms to expand in Asia


  • Business
  • Saturday, 03 May 2003

ABOUT three-fourths of US businesses in a Gallup poll expect to expand in Asia this year, spelling growing confidence for the world's fastest growing region even as it continues to battle the Severe Acute Respiratory Syndrome (SARS) outbreak.  

Also, about 83% of the executives at these companies expect profits to rise over the coming two years, and more than half are confident that their companies will ''gain positive returns this year (despite the) current deteriorating economic situation.”  

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