US economy has little impact on Asia, says BNP economist

Does economic success in Asia depend on the US economy? No, according to Andrew Ferris, chief economist of BNP Paribas.

If you have listened to anyone with an opinion on the prospects for the Asian economy in recent months, it is likely they will have stated as a matter of fact that Asia's future is dependent on what goes on in the United States of America.

A number of banks have held recent press briefings with these sentiments at the core of their predictions for 2001 and beyond. However, a recent briefing by BNP Paribas called 'Asia beyond the recovery of the US',  was refreshingly different.

BNP's colourful chief economist for the Asia Pacific region, Andrew Freris, put an entirely new slant on the commonly held view...

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