Internal sources key to Asia growth

Fidelity South East Asia manager Allan Liu shares his thoughts on Asian markets rebounding strongly in 2009

How do you see the current economic environment in South East Asia? Broadly, South East Asia’s economic environment remains stable. Governments and central banks handled the global financial crisis well by implementing prompt and decisive measures to stimulate growth from internal sources and to compensate for a fall in exports. The results of a variety of measures, including large infrastructure spending, interest rate cuts and cash handouts have been encouraging. Of course, countries with large domestic economies, such as China, India and Indonesia, fared better, but more encouragin...