Asian economies are recovering faster than previously thought and will lead the charge out of the worst global downturn since the 1930s, according to new forecasts by the Asian Development Bank (ADB) – a Manila-based institution that promotes economic and social progress in the Asia-Pacific region.

Asia is poised to become the “new” Detroit.

The number of Chinese with Internet access is increasing at an astronomical rate – after all right now, the region’s penetration rate is only 17% compared with 75% here in the U.S. And along with that growth, opportunities are emerging for a select few investors to get in on tech growth in the Far East.

Wall Street is constantly hung up on finding the next giant economy. Is China going to continue to grow as a superpower? What about India?

Capital flows to emerging markets are likely to plunge this year. And countries with low domestic savings or wide external deficits will suffer badly. Martin Hutchinson picks the five best emerging market etfs to hold in 2009.

A new labor report by an agency of the United Nations indicates that Asia could be the best place for investors to wait out the global recession. While the report does not indicate abundant opportunities in Asian regions, it does show that Asia could be more resilient and consequentially return potential longer term gains.

China’s slowdown does not signal an economic washout, says Keith Fitz-Gerald. Domestic consumption is still booming, and the government stimulus will support growth in the future. Over time, Keith says savvy investors could see the best payoffs in a generation.

Look no further than Singapore if you want forecast the economic health of emerging markets in Asia. And based on newly revised numbers from one the region’s crown jewels, investors won’t see much profits coming out of Asia any time soon.

The explosive growth of cell-phone subscriptions indicate that emerging markets could rebound in the coming years – giving investors a heads up of impending profits.

New labor laws in China have forced the manufacturing sector into an ever-tightening vice, giving investors further pause for any significant rebound in the world’s fastest growing economy.