18 Jan '11, 10pm

The dance between Japan, India and China will define whether Asia captures this century.. whither ASEAN?

A new Asian Century is being touted. While Europe and North America have experienced one of their worst financial crises of recent times, Asia in general and China and India in particular have defied all global odds and keep growing at high speed. This has been cheered all around. World political and business leaders keep converging in Beijing and New Delhi seeking business deals. Many believe the reason that the global financial crisis did not turn into a global depression was due to bullish Chinese and Indian markets. China, Japan and India are Asia's number one, two and three economies and they are likely to remain in this position for a long time. Asian economies are no longer dependent on export markets outside their own region - mainly Western ones - for their trade and inward investment. Intra-regional trade has expanded exponentially to Asia's great benefit. Bilate...

Full article: http://www.todayonline.com/World/EDC110119-0000211/The-ti...

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