Unable to resolve module `react-native/Libraries/vendor/emitter/EventEmitter`

Updated my project to RN 0.48.1 and React 16.0.0-alpha.12. The project compiles properly and but now getting red screen of death in the iOS Simulator - both from Xcode and with RN CLI - with the following error message:

Bundling index.ios.js [development, non-minified, hmr disabled] 98.5% (766/772), failed.
error: bundling failed: "Unable to resolve module react-native/Libraries/vendor/emitter/EventEmitter from F:\coldbox-android\node_modules\react-native-root-siblings\lib\AppRegistryInjection.js: Module does not exist in the module map

This might be related to facebook/react-native#4968
To resolve try the following:

1. Clear watchman watches: watchman watch-del-all.
2. Delete the node_modules folder: rm -rf node_modules && npm install.
3. Reset packager cache:  rm -fr $TMPDIR/react-* or  npm start -- --reset-cache."        
    Analysis: F:\coldbox-android\node_modules\react-native-root-siblings\lib\AppRegistryInjection.js: inModule cannot be found, open the file
4. Finally solved the following original post here . hereby mark

5. change
   
   import EventEmitter from 'react-native/Libraries/EventEmitter/EventEmitter';
   
   to
   
   import EventEmitter from 'react-native/Libraries/vendor/emitter/EventEmitter';

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   The above replacement is not absolute, A is changed to B or B is changed to A