APEC CEO Summit

Applied Materials

No Longer Leading

The western visitor to Asia is greeted by a mélange of different sensory inputs that sometimes can be disorienting. But the disorientation that I found at the APEC CEO Summit in Singapore was of a whole different sort, and far more worrisome, than not understanding a menu or wondering what that smell could be. The cause for my concern is that the United States is falling behind the countries of the Asia-Pacific region economically, and they are not looking back or waiting for us to catch up.