Emerging Asia will retain appeal in 2011

COUNTRY REPORT

Fidelity's Teera Chanpongsang, and AllianceBernstein's Anthony Chan, chart the opportunities the Asia-Pac region offers

Manager view Asia's development over the last 10 years has increased diversity within the region. We now see distinct differences between the more industrialised economies of Korea and Taiwan and the emerging markets like China, India, Malaysia and Indonesia. The emerging markets offer secular growth potential due to superior demographics that produce a growing labour force, encourage domestic consumption and require increased spend on infrastructure. Meanwhile, Korea and Taiwan show higher cyclical characteristics and are more correlated to global markets due to their higher dependence o...