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Accounting for China's potential

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COCA-COLA, Goldman Sachs, SBC Communications American Express, Hewlett-Packard, UBS, Sun and McGraw-Hill are all big names with which many a business professional would want to work.

And so, how about working for all of them at the same time?

That is what Jim Turley does - as global chairman and chief executive of Ernst & Young.

At 47, he is a senior adviser to these Ernst & Young clients, many of them in operation long before he was born.

Last week, Mr Turley was in Hong Kong to host a two-day board meeting of Ernst & Young, whose 80,000 employees operate in more than 120 countries.

In an interview, he said the accounting firm chose to meet in Hong Kong because China was an important market.

'Ernst & Young has a very aggressive expansion plan in China. We believe the real growth opportunities of the global economy are in the Asia-Pacific region, particularly China and Hong Kong.

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