Investors are bullish about Asia being the starting point for the next recovery because, even though exports have suffered in country's like Asia, they are beginning to develop more self-reliance and self-contained economic development. In general the article conveys the idea that Asians are more conservative and risk averse than their European or American counterparts and are sensitive to any bearish news. Thus, developing more internally will help to build greater stability within China and the countries surrounding it.
I thought this article was interesting because it gives an insight into both the economy and culture of Asian countries. I can't say that I knew they were so risk averse before reading this article.
Jeff Carroll
http://www.nytimes.com/2012/03/27/business/global/asian-stocks-may-lead-the-next-recovery.html?pagewanted=1&_r=1
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