View from Asia

In times gone by investment into the Asian economies had been in many ways a geared play on US growth. As the US eats, drinks, drives, wears, watches and smokes such a huge volume of Asia's products, it has been the US consumer that has been the real powerhouse behind the growth in Asian markets. But as the US slumps into a potential recession and the other developed markets of the western world feel the pinch following the fall out of the problems surrounding sub-prime lending and other issues surrounding the banking world; Asian economies are appearing somewhat insulated against all of ...