Change and Opportunity in Beijing

"The city of Beijing has become a different place," says Laurence Bailey, business executive of JPMorgan Investor Services Asia Pacific region. His observations are confirmed by visitors who remark that, compared to just 10 years ago, the city of Beijing would be almost unrecognizable to a returning visitor today. Beijing has undergone a transformation into a modern city now characterized by wide boulevards, new hotels, restaurants and modern shops selling designer clothes. This change has not only meant an increase in Beijing's tourism but has also spawned an increase in the level of foreign interest and investment.