There's been a heady combination of post crisis balance sheet repair, cash flow generation, fund flows from overseas and the growth that the region has generated as major economies such as China and India have 'emerged' whilst previously sunken ones like Japan have risen from the depths.
More Quotes from Spencer White:
If China gets into WTO first, Taiwan should quickly follow in China's wake. Probably within a month... as after this period China will gain voting rights.Spencer White
President Chen's latest policy initiative will only increase cross-Strait tensions. The tax season approaches and this will draw liquidity away as retail investors sell.
Spencer White
Asia's competitive proposition to the world is to be able to manufacture goods cheaper than anyone else.
Spencer White
Our sense is that expectations are now so depressed that we are likely to see more upgrades than downgrades from this level. It has not been such good value since 2003.
Spencer White
Vietnam is one of the last frontier emerging economies in the region that will demand serious investor attention.
Spencer White
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