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Market Asia Pacific

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BRAND POSITIONING TAKES OFF IN CHINA.(Li-Ning)(Brief Article)
Up to now, Chinese companies have primarily based their market positioning on low price rather than brand recognition, but there is increasing evidence of a change in strategy. Growing interest . . .

SINGAPORE BOUNCES BACK FROM SARS SLUMP.
The second quarter of this year proved to be particularly painful for Singapores economy, but internal demand and export sales should rebound by the end of 2003. Factors that weigh in favor of . . .

SOUTH KOREAN CONSUMPTION RETREATS.
At the outset of 2003, it appeared that South Korea was poised for another year of healthy growth in household consumption, but a number of unexpected negatives caused consumers to retreat during . . .

NEW ZEALAND'S MODEST SALES GROWTH.
Internal demand for New Zealands goods and services lost some of its upward momentum during the first half of 2003, but interest rates are dropping and consumer confidence is rebounding. That . . .

JAPANESE SEAFOOD IMPORTS TO RISE.(Brief Article)
Overall seafood consumptions in Japan is slipping, yet demand for imported seafood should rise in upcoming years. Japans fishing companies are facing a number of obstacles that are giving foreign . . .

ENDING AFGHANISTAN'S OPIUM ECONOMY.(Brief Article)
The change of regime in Afghanistan resolved a number of sociopolitical problems that held back that nations development but did nothing to break down the opium economy that feeds violence . . .

FIRM PAKISTANI DEMAND FOR IMPORTS.(Brief Article)
Confidence among Pakistans business leaders rebounded during the second quarter of this year and their generally positive sentiment will put upward demand on capital goods orders through the second . . .

AUSTRALIAN CONSUMERS GAIN CONFIDENCE.(Brief Article)
Australian consumer confidence dropped off sharply during the first quarter in anticipation of the Iraq war, but an upward trend that started during the second quarter is likely to prevail through . . .

JAPANESE CONSUMERS WORSE OFF.(Brief Article)
After more than 20 consecutive months of declining real wages, Japanese consumers find themselves considerably worse off than they were in 2001. The average household is likely to keep high-end . . .

CHINA SCRAMBLES TO REGAIN MOMENTUM.(Brief Article)
During the first quarter of this year, Chinas economy was expanding at a heated pace of 9 percent year-on-year, but within two months SARS was reversing recent gains with losses of about 2 percent. . . .

INDIAN SALES OF FINISHED GOODS TO RISE.(Brief Article)
Through the first half of 2003, sales of finished goods in India showed year-on-year growth approaching 10 percent and healthy gains should persist through the remainder of the year. Firm internal . . .

NO RESPITE FOR SINGAPORE'S COMMERCIAL SECTOR.
At the outset of 2003, it appeared that this might be the year when the prolonged period of deteriorating internal demand comes to an end, but SARS dashed that hope as the first half progressed. . . .

NO GAIN FOR PHILIPPINE CONSUMERS.
Slow growth in demand for products from the Philippines both at home and abroad is reflected in the reduced projection of 4 percent GDP growth for 2003. The real income of the average Filipino . . .

SOUTH KOREA LOSING UPWARD MOMENTUM.
The upsurge in export sales experienced by South Korea during the latter half of 2002 and early this year is losing upward momentum. Over the past year, firm internal demand for Korean goods and . . .

HOUSEHOLD SPENDING UP IN BANGLADESH.(Brief Article)
About a third of Bangladeshs population is distanced from formal consumption by abject poverty, yet a growing percentage of the citizenry is developing a modicum of discretionary income. That will . . .

MALAYSIA STILL AN UNDERPERFORMER.(Brief Article)
Private sector spending has bounced back from its 1998 low in most of Southeast Asia, but sustainable upward momentum remains elusive in Malaysia. Even though Malaysias economy has consistently . . .

REVISING CHINESE GROWTH DOWNWARD.
In light of the sharp downturn in economic growth due to SARS concerns during the second quarter of this year, it is necessary to revise growth projections for 2003 private sector expenditure . . .

NEW ZEALAND'S INTERNAL DEMAND COOLS.(Brief Article)
Slowing growth in internal and external demand for goods and services will cause New Zealands industries to cut back on capital expenditure as 2003 progresses. During the first half of this . . .

AUSTRALIA'S LINGERING TRADE DEFICIT.(Brief Article)
Australian demand for imported consumer and capital goods should remain firm through the remainder of this year, in spite of depressed export sales. Strong internal demand for goods and services . . .

SINGAPORE OVERCOMING SARS SETBACK.(Brief Article)
During the first half of 2003, SARS contributed to an economic reversal in Singapore that undermined confidence among consumers and business leaders. Sectors that will be hardest hit this year . . .

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