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| | Stanford GSB: Stanford Business June 1997 |
 | | Wu made his first overture to China in 1979 when, he recalls, "It was like walking into a time capsule." His first business venture was a 1,200-room hotel, opened in 1983 in Guangzhou, complete with a 3,000-seat restaurant, which locals told him would never fill. |
 | | Asia, with 3 billion people, is the Wild West of the 21st century, says Wu, advising Americans that "your future lies in Asia." But, he warns, "You can't succeed if you come in the second quarter and expect to improve your fourth quarter results. |
 | | To Chinese students in the audience, particularly those from the People's Republic, Wu's advice was almost as succinct as his prophecy for Hong Kong. |
| www.gsb.stanford.edu /community/bmag/sbsm0997/spreadsheet_two.html (868 words) |
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