How to position in emerging Asia?

REAL-LIFE PROBLEMS, INNOVATIVE SOLUTIONS

Constantly rising yields have left many emerging market currencies under pressure. Emerging Asian currencies are no exception, weakening nearly 3% between mid-May and end-June. As yields have further to rise, there are justified fears that emerging markets will sell-off again.

The growth outlook argues for trade balances to remain firm. The region's exports are rising at a 15% pace led by strength in the electronics sector. That follows a shaky start to the year. The better performance is

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