If you are still searching for a theme for 2018, be sure this year to question any outdated preconceptions about emerging Asia and its companies.
Asian economies have, of course, transformed since the 1960s. But the pace of change is now reaching a tipping point: technological innovation is rapidly moving from west to east. Canny investors should reflect about the long-term implications of this on portfolios and asset allocation.
Today Hong Kong and Singapore are thriving financial centres and among the world’s richest per capita. Other regional economies produce many of the things the world needs to buy.
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