Asia's new group of corporate stars wait their turn to shine
In the past few years, many Asian companies have entered the global stage and challenged the dominance of Western companies. Despite economic growth slowing in Asia, there is much to suggest this trend will continue.
The shift in the balance of corporate power from West to East is evident from the Forbes Global 2000 list, ranking the world's largest publicly listed companies. Last year, Asia edged out in front of North America for the first time, with 674 companies to 629.
Unsurprisingly, China had more new entrants on the list in 2014 than any other country. A famous example of a Chinese company propelled to corporate superstardom is Alibaba Group Holding Ltd, which shot from a modest 18-man startup to become China's dominant e-commerce business in just 15 years.
