Friday 15 December 2017

Flood of Asian cash is just beginning

Children dressed in uniform sing after raising the national flag at the Beichuan Red army elementary school in Beichuan, southwest China's Sichuan province
Children dressed in uniform sing after raising the national flag at the Beichuan Red army elementary school in Beichuan, southwest China's Sichuan province
Dan O'Brien

Dan O'Brien

Ireland is already benefiting from the rise of Asia and could benefit more, but the region presents risks too.

Having spent the past two weeks in China and Japan, let me share some thoughts on the opportunities and threats that the world's most dynamic region present for Ireland.

By far, the biggest opportunity is not trade or tourism (though they are significant), but Asias new multinational companies. If Ireland can replicate with Asia the success that it has achieved in luring so much American foreign investment to Ireland, the country will be prosperous for as far into the future as one can see.

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