The relative pronoun "which" in the last paragraph refers to ______.

A．has correctly identified the financial problem in Asia
B．tries to manipulate anti-Western actions for political gains
C．detests the U. S. 's controlling over the regional economies
D．believes in the effect of the ghostly influence from the West

A．the devaluation of Malaysia's currency is due to an American plot
B．the Asian Crisis is the result of ASEAN pandering to terrorist governments
C．there is not a serious economic problem in Southeast Asia at all
D．the economic problem in some Asian countries is partly the result of their overheating economy