Best managed companies in Asia 2011: Asia’s finest pull themselves together

	return to the Euromoney Asia Best Managed Companies: Results index

ASKED WHAT WAS the main challenge facing his company in 2010, Wang Xiaochu, chairman and chief executive of China Telecom, replies concisely: “Intensifying market competition in the telecommunications sector, especially fixed to mobile substitution.” In other words, the big challenge for the company topping this year’s best-managed companies in Asia poll was a straightforward business problem of increased competition rather than the crises of liquidity, strategy and leadership that have hammered some of the leading blue-chip names from the west.