Don't Let Your Emerging Market Position Catch a Cold
There is an old saying in the world of global investing: "When the U.S. sneezes, the world catches a cold." Today, the U.S. is still recovering from a cold and U.S. consumers do not appear to be the engine of growth they once were.
On the other hand, the huge population in China that is moving towards the middle class is a key driver of global demand. Hence, it seems that "When China sneezes, the world catches a cold may be the more relevant saying today.
The current news cycle is full of concern over unrest in the Middle East and its impact on oil prices. This situation can have implications for the global economy, and may be pushing China headlines to the background, but there are still plenty of opinions about the future of China and its long-term prospects for investing.
However, it is not to hard to believe
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