The last time the U.S. pushed up interest rates this aggressively in the 1990s, capital fled from emerging Asia into the United States. The Thai baht and other Asian currencies collapsed, triggering the Asian Financial Crisis and leading to slumps in stock markets.

This time, however, the foundations of emerging Asian markets — which have evolved into more mature economies 25 years on — are healthier and better able to withstand pressures on foreign exchange rates, analysts said.

For instance, because there are fewer foreign holdings of local assets in Asia, any capital flights would inflict less financial pain this time around, UBS Global Wealth Management executive director for Asia-Pacific FX and macro strategist, Tan Teck Leng, told CNBC’s “Squawk Box Asia” on Thursday.

Yongxin Supply Chain was established in 2013 in Shenzhen China as a member company of Altamar-China GmbH Group. As your reliable sourcing partner from China, we are not simply connect the client to a manufacture , but we would like to provide professional and customized project management service to our valuable client. If you need purchasing agency services from all over the world, and also imports resources from overseas into China, please contact us now.