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China...
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Wall Street Journal...
Asia’s Headlock of Conventional Wisdom...
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November 12, 2008 |
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Robert J. Horrocks, PhD
Director of Research
Matthews International Capital Management, LLC
Asian stock markets are caught in the headlock of conventional wisdom. They have been moving in lockstep with the U.S. consumer for so long that it has become conventional wisdom that they must always do so. Only on two occasions over the past 20 years have the two parted company. During the...
