Bhakta

Why I'm Closing Some Asian Positions

Being a 25 year resident of Asia, I tend to see things from the Asian viewpoint. India and China are ultra-fast-growing economies and with their massive populations and demands for infrastructure businesses satisfying the local markets should prosper.

Businesses dependent on export to the USA are at risk, because companies using their services jump to cheaper sources as the costs rise.

I like China Mobile, China Life, most of the companies in the Tata Group in India, and the Reliance Group in India cannot do anything but grow.