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Word Count: 670
Asia a yearning name for lots of the business people in the west in their eyes it is really a good place for doing business because of its large population and consequently the potential market and cheaper labor force In the earlier years some economists even thought that the 21st century would be the Century of Asia On the other hand however the unpredictable political events and social conditions frightened a lot of business man in some measure To be a successful business man you must gaze at everything happened in the place update your knowledge from time to time and make your next business decision wisely Lets now take a brief view of what had happened in the past year We make them into 3 categories political events social events and economic events in order to analyze them respectively Political fnofDanger in Indonesia Indonesias President Megawati Sukarnoputri is in trouble She has yet to come to grips with the internal conflicts widespread crime and endemic corruption in which Indonesia is mired Her government is suffering from policy paralysis Meanwhile some retired generals play politics discreetly in the interests of national stability while others benefit from corrupt practices fnofLiberal wins South Korean presidency South Korea has elected Roh Moo-hyun as its new president Roh a liberal politician who supports moderation and the status quo in dealing with North Korea beat out his rival Lee Hoi-chang by only a couple of percentage points Mr Lee proposed a harsher response to North Korea and had proposed that dialogue between the two countries be suspended until the Norths nuclear program is halted Voter turnout at 71 to 73 of the population was at an all time low President Kim Dae Jung who had attained his maximum term in office will turn over the Presidency to Mr Roh in February 2003 Social fnofSouth-east Asian pirates go high-tech Piracy in the Southeast Asian waterways has
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