Old tigers prowl; new tigers ready to pounce

30th March 1997

Business Week reports on the American Express Bank's scorecard of those tigers expected to maintain rapid sustained growth in the next decade. In the key findings, China has joined Singapore, Malaysia, South Korea, Hong Kong and Thailand, and Taiwan has slipped because of a high budget deficit and slow export growth.

And tiger cubs are no longer only an Asian phenomena. Argentina, the Czech Republic and Chile are "near tigers", joining other similarly rated Asian countries, Philippines and Vietnam, who have doubled their ratings in a decade.