Three Emerging Asian Industrial Powerhouses and Corresponding ETF Plays
ETF Database submits: As Western nations’ economies continue to crumble, many are beginning to see the benefits of a well diversified economy which has a robust industrial base. Countries with these economies have held up better than most no matter what stage their development as industrial jobs stay in demand thanks to growing Asian economies. Resource-rich nations such as Canada and Australia have plowed ahead while Germany, Europe’s industrial powerhouse, has seen far higher levels of growth than its more service oriented counterparts in the euro zone. To dive deeper into this trend, a look at the world’s countries in the CIA World Factbook reveals that some are much more dependent on industry to power their economies going forward. Three of the most industrially-dependent nations are emerging Asian markets that derive nearly 50% of GDP from industrial activities–defined as as the production of goods including mining and fuel processing as well as more recognizable industrial sectors such as manufacturing.This high focus could suggest a few different possibilities to investors: either that the economies are not very developed, that they are intensely focused on resource production, or as evidenced by tremendous growth rates, that they have potentially hit an economic sweet spot and that a high level of manufacturing and industrial production is the key to economic success in the 21st century, especially for emerging markets. For investors subscribing to the final thesis, we have highlighted three of the most industrially dependent nations in the world that have pure play ETFs tracking their economies.Complete Story »
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