BMI Research: Asia Monitor: China & North East Asia Monitor: Final Consumer Demand Not To Be Underestimated.

The article reports on the regional economic outlook for 2010-2011 for Asian countries. It states that Asian consumers are becoming the main driving force behind global growth, replacing their U.S. and European counterparts. It cites the factors for consumer demand growth including a larger workforce, an improved productivity, and a sound banking system. It mentions a decline in the property prices in Asian economies such as Hong Kong, China and Singapore.