Even without the powerhouse that is China, East Asia hasmany of the world's most promising emerging economies formultinationals looking to grow their businesses. But the East Asiannations are a varied lot, and each presents its own challenges.
When considering the key factors for multinationals, such asease in shifting funds in and out of the country and the efficiencyof the payment system, Hong Kong, Singapore and Malaysia rest atthe top of the pyramid, with South Korea, Taiwan and thePhilippines a notch below.
South Korea and Taiwan are hard to classify as traditionalemerging markets, given that they have healthy middle classes andhomegrown multinationals.
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