BlackRock focuses on China credit, oil and travel in Asia
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SINGAPORE (Reuters) - The world's biggest asset manager, BlackRock Inc , called out oil stocks, domestic tourism and debt in China and India as investment opportunities in its Asia outlook on Wednesday.The manager of $6.5 trillion in assets expects it may be 2022 at the earliest before global growth returns to trend but said in a statement outlining its regional outlook that "Asia stands out" as a beneficiary when the recovery arrives."We like China across the credit spectrum," said Neeraj Seth,..