“The longer term story is all about the connection between the emerging market countries and those trade flows beginning to expand from a very low base,” remarked King. “These are going to transform emerging nations in the years ahead and even though the US and Europe are quite weak, emerging markets will drive global activity in the next few years.”
The International Monetary Fund estimates that developing economies will expand 6.6% this year.
For more information on the emerging markets, visit our emerging markets category.
- iShares MSCI Emerging Markets Index (NYSEArca: EEM)
- Vanguard MSCI Emerging Markets ETF (NYSEArca: VWO)
Max Chen contributed to this article.