Frederik Balfour is the Asia correspondent in Hong Kong for Bloomberg Businessweek. Prior to BusinessWeek, he was deputy bureau chief for Agence France Presse in Vietnam. Balfour first came to Asia in 1986 on a McGraw-Hill Correspondent's Fund Fellowship. Balfour received a special McGraw-Hill achievement award for covering the Iraq War, where he was embedded with the U.S. Army's 3rd Infantry Div. He holds a master's degree from the London School of Economics, a master's degree in journalism, and a PhD in economics from the University of California at Berkeley.