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But Gawande is, first and foremost, a longtime surgeon. He brings an on-the-ground, clinical perspective to his new role, something that makes him relatively unique in the healthcare administration world. Most large healthcare CEOs don’t have MDs.

But other studies on brand awareness seem to echo Ries' judgement. While revenue that Chinese brands gain from overseas has increased significantly over the past five years, Western consumers' awareness of and familiarity with them remain relatively low, according to a research report from consultancy Kantar Millward Brown.

But small companies that account for most business in the region are short of capital to weather the crisis, the ADB said. It expects a recovery to be "L-shaped", or "swoosh-shaped", rather than V-shaped.

But a full recovery in the labor market will take months and perhaps years, analysts believe.

But presiding judge Kim Jin-dong said: "He offered bribes in response to strong demands by the president."