World Economic Forum

What else can you call a US$3.2tn market which has gained 358% in 20 months and trades on a historic P/E of over 60, which is probably closer to 80-100 if you take out stock-market and real-estate revaluations from "E". We look at the bubble, the impact on HK, the thru-train, the calls in HK for an A-H arbitrage mechanism, and how the bursting may affect the socio-political system. The absence of a free media is itself contributing to the bubble. (16-Sep-2007)
APES at the WEF - diary of a delegate
So what was it all about? brings you a delegate's diary of the WEF's Asia-Pacific Economic Summit in Melbourne. We outline some of the issues surrounding globalisation. Next year the summit comes to Hong Kong, where competition regulation should be placed on the agenda. (17-Sep-2000)

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