ABSTRACT
Although some Asian economies and some sectors will face adverse effectsshort-or long-term-of China's rapid growth, the apocalyptic predictions are grossly overdone. For the most part, the impact of China's rapid growth can be mutually beneficial and finally firm up as a symbiotic relationship between China and its neighboring Asian economies. However, this cannot happen without the adoption of policy flexibility and well-timed judicious measures by the individual national governments. On its part, China has made conscious endeavors to improve its regional economic relations.
