Mark Mobius, executive chairman of Franklin Templeton Investments’ Emerging Markets Group, talks about the outlook for China’s economic growth and stock market. Mobius also discusses Korea stocks following the death of North Korean leader Kim Jong Il, and Argentina stocks. He speaks with John Dawson on Bloomberg Television’s “Fist Up.” (Source: Bloomberg)
Mark Mobius Quotes:
“In some ways, the break from the past could be a good signal so I’m more optimistic than pessimistic.”
“In this kind of environment, we can expect some change.”
“I don’t think it necessarily means some military change but some economic change.”
“We expect the new leaders may be willing to adopt Chinese-style economic reforms, which could result in a much more relaxed political environment.”
Video:
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