China best bet in Asian region

The Asian economy is still recovering from the lows of the currency crisis of 1997/98, and although some countries show signs of improving there is still room for growth. Stuart Parks, fund manager at Perpetual, says: "Asia is changing towards a domestic consumption bias and growth in the economy, but trade surplus has somewhat deteriorated. It has become more difficult to add extra growth from exports." "However, economic recovery is dependent on overseas to take electronic exports. If we see a slow down in the US economy and no pick up in Japan, it will be harder for Asia to export." ...