Asian Equity Markets (2)

Change after the 97 financial implosion

The situation, especially after the 97 financial implosion, have seen major developments in many important fronts in Asia.

The rise of out-sourcing to China, the rise of middle class consumerism in China.

The same pattern being replicated in India albeit 5-8 years behind China.

The excesses of the 90s being wrung out of the financial systems of most Asian economies.

South Korea and Taiwan moving up the technology and design curve appreciably.

Singapore edging ahead in the war with HK for financial center supremacy.

The (minor but significant) steps taken in the eradication of corruption in Asian economies.