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Mobius : China stocks to lead global recovery
Submitted on 06/11/2009
China stocks will continue to lead a global recovery after gains this year propelled it into a “bull market,” Templeton Asset Management Ltd.'s Mark Mobius said. China may be the best performer this year among the BRIC nations, which include Brazil, Russia and India, even if the market undergoes 'corrections,' Mobius said. Russian stocks also look “very undervalued,” even after their gains this year, he added.
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