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Aug 31, 2003

Far east convalescence

Asian companies learned valuable lessons from the Sars epidemic

Legend has it that the phoenix, a fabulous and mythical red and gold-feathered bird, spent hundreds of years flying the skies in a futile effort to reach the sun. Eventually it was consumed by the flames of a funeral pyre made of twigs set alight by the flapping of its wings, only to miraculously rise from the ashes to begin life once more.Some might say Asian markets work in a similar way, rising toward the sun to be burnt seemingly to death, then resurrected to fight another day.Crises have rained

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