FIVE CITIES SAID GOOD FOR BUSINESS
By Adnews Staff
The five best places for businesses to expand internationally are Santiago, Buenos Aires, Seoul, Mexico City and Beijing. So says a report from American Express and The Conference Board of Canada. The report includes results from a survey of more than 600 senior Canadian business leaders who have extensive experience visiting and working in the five cities. Two-thirds of the companies surveyed said that expanding globally is a key corporate strategy, and over one-third said that 25% of their income comes from new international markets. The choice of the five cities highlighted in the report was based on a dramatic increase in the amount of business travel to those places, coupled with a broad range of economic growth indicators and measures of business potential. For example, bookings by Amex Canada for business travel to Beijing have increased by 500% over the past two years.