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KiaHave We Hit Baht-tom Yet ? Currency crises raise caution flag on Asia'sshort-term growthHave We Hit Baht-tom Yet ? Currency crises raise caution flag on Asia'sshort-term growth
Japan's auto market is in a slump. Korea's overcapacity crisis has debt-ridden Kia Motors in dire straits. Currencies in Thailand, Malaysia, Indonesia and the Philippines are plummeting. In China, huge auto inventories pile up, with only a slight recovery in sales.Is the Asia/Pacific automotive market turning into an illusion? In a quintessentially Asian view, the answer is "yes" and "no.""Asia still