Why Asian equities are about to take off

Asia accounts for half the world's economic growth at present. All investors are familiar with the China story, but which other Asian countries are worth investors' attention? And what are the risks?

The view from the window of my newly-acquired apartment in Chiang Mai, Thailand's second city, is one of furious, noisy activity. Right through the weekend and throughout the nights, teams of helmeted, smartly-uniformed construction workers are beavering away building a huge hotel for Shangri-la, the luxury hotel chain.

Scenes of intense focused activity such as this are to be found everywhere across the region that now accounts for half the world's economic growth. This year alone, emerging Asia's economy will expand by 8.3 per cent.

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