Changing Asia: Which country is the New China?

Shifting sands in Asia

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 Edmund Harriss, co-manager of the Guinness Asian Equity Income fund
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Edmund Harriss, co-manager of the Guinness Asian Equity Income fund

Trade patterns in Asia are transforming as nations race to fill up the manufacturing space being left behind by China.

However, the implications of these changes are incremental rather than immediate, and the structural trends that have been driving Asia for many years remain in place. As Asian equity valuations continue...

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