Emerging Market Quotables (June 19, 2017)

Actionable emerging market investing quotes from http://www.emergingmarketskeptic.com

Jun 18, 2017

Also check out our emerging market ETF lists, ADR lists and closed-end fund lists along with our general investing tips / advice plus our new list of Brazil ADRs / stocks, our list of Qatar ETFs and our list of Puerto Rico stocks.

India Moves Up the Ranks of Asia300 Companies (Nikkei Asian Review)

According to a Nikkei analysis of some 300 major Asian listed companies outside Japan, favorable factors at home provide Indian companies an edge while Chinese players struggle. The Asia300 list consists of a total of 327 companies in India, China, Hong Kong, South Korea, Taiwan and six Southeast Asian nations.

Vultures Circle Over Asia as Corporate Debt Piles Up (Nikkei Asian Review)

Nikkei commentator Makoto Kajiwara writes that many observers say another US rate hike will not trigger a crisis as Asia has implemented certain measures since 1997. Meanwhile, corporate debt is only one factor that testifies to China’s “Japanization.” Real estate prices in urban areas have kept soaring, and the population has begun to erode.

US-Chinese Business Partnerships Are Thriving (Kraneshares)

Wal-Mart Stores (NYSE: WMT) & JD.Com (NASDAQ: JD)Priceline Group (NASDAQ: PCLN) & Ctrip.Com International Ltd (NASDAQ: CTRP)Tesla (NASDAQ: TSLA) & Tencent Holdings Ltd (OTCMKTS: TCEHY; OTCMKTS: TCTZF)

Some of China’s Richest and Most Powerful Men Have Mysteriously Vanished (LA Times)

In recent years, dozens of senior Chinese executives have mysteriously vanished. Most are believed to have been caught up in an aggressive anti-corruption campaign that has targeted financial industry executives, government officials and the heads of state-owned companies.

Brazil’s Argentina Moment (Project Syndicate)

Brazil’s ceiling on non-interest government expenditures, indexed to the previous year’s inflation rate, for a period of at least ten years, resembles Argentina’s convertibility plan of 1991, which abolished all currency controls and pegged the Argentine peso to the US dollar.

Is Mexico’s Populist Lopez Obrador Still the Presidential Favorite in 2018? (WPR)

Gubernatorial elections in three Mexican states last Sunday were supposed to show Andres Manuel Lopez Obrador’s viability as a candidate in next year’s presidential race. Instead they checked the ambitions of the brash left-leaning populist aiming to succeed outgoing President Enrique Pena Nieto in 2018.

Philippines: Uncertainty as Central Bank Chief Steps Down (Nikkei Asian Review)

South African Pension Funds Cushion the Blow of Downgrades (BusinessReport)

Moody’s Downgrades South Africa Banks, Insurance Companies and Others (Moody’s)

South Africa Business Confidence Hits a 9-year Low (BusinessReport)

Nairobi Hopes Empty Malls and Tall Skyscrapers Will Fuel Economic Ambitions (Quartz)