Asian and Latin American Markets: Where the Economic Upswing Could Start [View article]
You are exactly right! Singapore, India are the most interesting markets righ now! No credit squeeze there. In Singapore you can find listed companies doing business 100% in China with P/E 2-3, ROE 40%, no debt, still growing, market leaders in their niches, under net cash! I am not kidding! For example china s leading backpack and luggage producer China Zaino, just sponsored the Chinese national gymnastics team at the olympics.
Asian and Latin American Markets: Where the Economic Upswing Could Start [View article]