Monday, March 28, 2011

China, Energy Stocks to Lead Asia, Poll Shows

This article discusses what has been forecast to be the driving forces behind advances in Asian equities in the following year. Surprisingly, the two Asian countries forecast to contribute the least are Japan and India. Also, concerns over volatility in countries rich in oil (Middle East, Northern Africa) have given rise to concern in many Asian countries over inflation, particularly because so many of them have recently increased interest rates. The Chinese growth was forecast to be around 9%, which is not as high as recently, but still quite good. On the other hand, Japan is still recovering from the earthquake and therefore its growth has suffered a setback.

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