Daiwa Securities eyes Asian domestic growth stocks
The global recession has passed and Asian economies will drive growth as they become less dependent on trade from the West, the brokerage says. It recommends investing in energy, commodity, infrastructure, property and consumer assets in the region to tap this trend.
The global recession is over and Asia will continue to lead global growth over the next five years, according to Daiwa Securities.
The Japanese brokerage tips Asian economies to become less dependent on trade with western countries and to increase exports to each other within the region as well
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