The current asian horror production with their typical long-haired female ghost in white robes is just as bad as their western counterparts. The last few horror movies I watched that didn't bore me to death or made me cringe was Michael Haneke's Funny Games, Haute tension, Todd Solonz's Happiness, and also Irreversible, though that's more of a disturbing movie. Some asian highlights include Miike's Audition, The Tale of Two Sisters and of course, Ringu. Also, the guinea pig series.