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Decade of the Dragon

Observers of the crumbling US economy are tearing their hair out as the subprime crisis worsens. But for those looking towards the new economic powerhouses in Asia, especially China and India, the outlook is decidedly rosy. The million-dollar question facing Australians is: Which camp are we in? Will we follow the US down the plughole or ride high on the back of the Chinese behemoth?

Observers of the crumbling US economy are tearing their hair out as the subprime crisis worsens. But for those looking towards the new economic powerhouses in Asia, especially China and India, the outlook is decidedly rosy. The million-dollar question facing Australians is: Which camp are we in? Will we follow the US down the plughole or ride high on the back of the Chinese behemoth?…

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