The case for investing in Asian equities is based on two long-term themes increasing domestic wealth and the integration of Asia into the global economy and further supported by four short-term themes attractive valuations, low relative interest rates, a booming consumer sector, and high relative GDP growth.
Today, nearly 45% of the world's population lives in Asia. By 2010, nearly 60% of the world's population between the ages of 20-34 will live in Asia . GDP per capita is increasing sharply across the region. Between 1999 and 2003 Chinese GDP per capita increased from $791 to $1100. In addition, the huge consumer class created by the shifting demographics of Asian countries...
