Fund manager: Don’t get caught up in Asia numbers

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Where is global growth headed? Two numbers are critical to assessing the current outlook. Japan’s inflation rate is a gauge of whether the country can end two decades of economic stagnation. China’s gross domestic product will show whether its new leadership can restore rapid growth after a recent slowdown. But Kenneth Lowe of the 5 star-rated Matthews Asian Growth & Income Fund advises not to get caught up in the numbers. Instead, consider whether Japan and China can adopt economic reforms needed for long-term, sustainable growth.

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