It is because in Asia they’re fresher at it and they haven’t yet had the chance to get corrupted and corroded. In China, they still call themselves Communists. They didn’t have a stock market 20 years ago, nor did Vietnam. Thirty years ago Mao Tse-tung was still running China; Indira Gandhi and Nehru were ruining India; East and West Pakistan had just had a big split; Vietnam had been destroyed by war. So, 30 years ago Asia was not in the game.
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