By Seema Shah, Global Investment Strategist, Principal Global Investors
My constructive view on China and, by association, emerging Asia has been greeted with some skepticism. I can see why. After all, previous policy tightening aimed at curbing China's excesses, coupled with the trade war, have weighed heavily on the Chinese economy, with real GDP growth weakening to 6.4% year on year in the fourth quarter of 2018, the slowest pace since 2009.
The operating environment has become particularly challenging for corporates - both domestic and international. Disappointing 2018 Q4 earnings results from several large US