Thursday, October 30, 2008

10 Countries Least Affected by the US Financial Crisis‏

An article from Business Pundit

Comments for Malaysia:

This Southeast Asian country hosts a number of multinational manufacturing facilities. Though some of these companies are in the United States, experts say that bad times will promote more offshore production in bargain-rich Malaysia, not less.

Malaysia is also gaining a reputation as a good China alternative in manufacturing circles. It’s rumored to be slightly more expensive, but produces higher quality goods, and is easier to deal with. Malaysia is also gaining a reputation as a solar energy hotspot.

Bad News: Malaysia does a lot of business with the United States.

Good News:
Companies looking to cut costs come to Malaysia, making it an even more likely outsourcing destination for leaner businesses.

The ten countries are
  • China
  • Brazil
  • Romania
  • Thailand
  • North Korea
  • Iran
  • Malaysia
  • Morocco
  • Armenia
  • The United Arab Emirates
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