Why Asia Shouldn't Fear the Fed

A tightening cycle might actually help the region decouple from China.

Yellen's move could increase risk appetites.

Photographer: Win McNamee/Getty Images

In 2008, Asian economies had good reason to race to decouple from the struggling West. The collapse of Lehman Brothers and subsequent contagion sent export-dependent countries in search of a more reliable customer. Not surprisingly, they latched onto China.

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