What has been the impact of the Asian financial crisis ont the Asia-europe relationship? Is there a similar approach among Europeans, who are building a strong regional community yet are attached to global cooperation, and Asians, who have first reached across the Pacific but are now inclined to cooperate within Asia itself? A CAEC Task Force has looked at the road from the financial crisis in Asia and stresses that Europeans are looking forward to the mergence of another regional pole in Asia structured around economic growth.