ABB, GE Leaders See Asia Comeback

Write off financially troubled Asia? Not if you're Goran Lindahl, CEO of ABB Asea Brown Boveri Ltd. or John F. Welch Jr., General Electric Co.'s CEO.

Lindahl predicts that Asia will "begin to bounce back in the next two to three years and resume growth even faster than before." Having decided to accelerate its expansion in Asia, ABB, he says, will be ready.

GE's Welch, in this year's letter to shareholders, states: "Today, we are determined, and poised, to do the same thing in Asia we have done in the United States, Europe and Mexico: invest in the future."