Friday, August 13, 2010

Where's the Bright Light?

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There's an expectation of a slowdown in export growth ...
Asian companies have been on a tear, but this may be as good as it gets. Despite a stellar round of earnings for the last quarter, the outlook for many of the region’s companies — household names around the world — is dimming.
And a snippet from Alibaba.com:
“We continue to take a cautious view on the global economy and small-business development,” said David Wei, Alibaba’s chief executive, “and expect a slowdown in export growth for the following quarters.”
Read more here:
Pessimism in Asia Despite a Solid Earnings Season

Posted by: The Global Small Business Blog

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