Asian Giants at a Turning Point?
China, which was struggling to fend off an economic hard landing just last year, has recovered. Japan, which has been stuck in a twenty-plus year trap of deflation and stagnant growth has a new Prime Minister who is determined to stimulate inflation and growth. Both nations have seen their stock markets rally in recent months after an extended period of underperformance for China and several decades of terrible performance for Japan. On WEALTHTRACK Premium this week we are exploring the investment potential in China and Japan with a true Asian market pro.
Mark Headley is Chairman of the Board of Directors of Matthews International Capital Management and a Portfolio Manager of the firm’s Pacific Tiger strategy, which includes Matthews Pacific Tiger Fund which Headley ran successfully for over a decade. Both he and Matthews are pioneers in Asian investing, Matthews as a mutual fund firm and Mark as a portfolio manager.