China wary of US military

Marc Faber speaks on the multiple US military bases in Asia and Australia

"China will not sit by and let themselves be bossed around by the US."

Asian airlines vs Catering business

I am not keen to own Singapore Airlines or Cathay Pacific Airways because they have a lot of competition from budget airlines. But I like some airline-servicing companies based in Singapore, including SATS [SATS.Singapore], in the catering business, and SIA Engineering [SIE.Singapore], which overhauls aircraft. They have subsidiaries in many Asian countries. The stocks yield around 4%. They aren't supercheap, and the Asian markets generally aren't cheap enough for me. But longer term, if you want to park money in Asia, both companies will do well.

Marc Faber likes the attitude change in Asian family businesses

"The attitude has changed in Asia. Many family businesses used to be dishonest but now are more honest. They realized that by being relatively clean, they could earn a higher stock-market valuation."  

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