China set to lead Asia

China is set to become the strongest economy in Asia, K P Ho, chairman of the Banyan Tree Group, told delegates at the annual Ashburton conference last month. Ho said: 'China is going from strength to strength and looks increasingly like the only engine of growth in a shaky global economy. While it is by no means a poster boy for democracy, its reforms, particularly at the village and city provincial levels, have been serious and far reaching, pushing it further towards the rule of law.' China is now one of the largest consumer appliances and white goods producer in the world. It produc...