"Horace Greeley said, 'Go West, young man.' I say to the investor who is young and vigorous in mind, 'Go East or West Pakistan, my friend. You will find a warm welcome and a rich reward.' "
With these words, Pakistan's vigorous young (45) Premier Mohammed Ali last week announced a new policy to lure U.S. money to his struggling young (7) country. To an audience of U.S. businessmen in Manhattan, Ali sounded a dramatic new note from Asia, whose newly independent governments, still resentful of colonialism's old wrongs and jealous of their new independence, have made things tough for...