Not long ago, the collective might of "Chindia" was seen as a palpable force. Today, that powerhouse image has eroded as China confronts the fallout of its aggressive pace of growth and India fails to live up to its economic potential. The economic crisis has taken a toll on other economies in the Asia-Pacific region as well.
More recently, there is talk of an Asian recovery, with renewed growth in Southeast Asian economies such as Indonesia, Malaysia, Thailand, and Singapore. There's also a sense of optimism about the potential of some of the "tiger cub" economies, including Vietnam and Myanmar. The region seems to promise a new wave of economic revival.
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