There are great opportunities here. Disaster has been averted - for now. That danger seems less likely now, though interest-rate hikes could have similar effects. Yet few expect the Net industry to stop burgeoning. So the region's electronics manufacturers need not despair.
Analysts say global economic fundamentals remain strong.
Even those numbers are far too conservative for many private economists in the region. If we don't get the China trade bill through, it will cost us 12 to 24 months in terms of China's economic reform process. His other big worry is the mammoth financial restructuring burden in Thailand and Indonesia. While Asia's economic fundamentals seem robust, analysts are divided about its market prospects. He adds that despite rising U.S. interest rates, those in Asia do not have to follow upward, except those in Hong Kong, due to its greenback peg.