We polled several of the top international investing experts to find out what their favorite ideas were in these markets. And, indeed, many see strong upside potential for long-term investors.
Yiannis Mostrous, editor of The Silk Road Investor, is particularly bullish on infrastructure development in India. Here, he looks at the Emerging Global Shares India Infrastructure Index Fund (INXX).
Read more at India Infrastructure Index Fund (INXX): Building Value
For those looking towards individual stocks, Mostrous favors HDFC Bank (HDB), India's second-largest private-sector institution and Dr. Reddy's (RDY), a generic drug firm.
Read more at Silk Road to India: HDFC (HDB) and Dr. Reddy's (RDY)
Also bullish on India -- as well as Japan -- is sector specialist Jim Farrish. The editor of SectorExchange.com sees potential in the India Fund ETF (IFN, as well as in two Japanese ETFs: the iShares Japan Small Cap ETF (SCJ) and iShares MSCI Japan Fund (EWJ).
Read more at Sector Guru Focuses on India and Japan
Market timer Sy Harding, editor of Street Smart Investing now sees both technical and fundamental reasons for investing in Japan. His recommended vehicleis the exchange-traded fund iShares Japan ETF (EWJ).
Read more at Market Timer Says It's Time to Buy Japan
Dr. Steve Sjuggerud, editor of Daily Wealth, now considers Japan to be the world's cheapest stock market. He also recommends that investors stick with the iShares Japan Fund (EWJ).
Read more at Japan: The World's Cheapest Market?
Also bullish on Japan is Vivian Lewis, editor of Global Investing. Along with contributing analyst Chris Loew, the global expert recommends eyecare products firm Hoya (HOCPF) and power tool make Makita Corp. (MKTAY).
Read more at Global Experts' Favorite Japanese Stocks
Carl Delfeld, with iGlobalStrategist.com, considers Indonesia to be the "most overlooked opportunity in Asia." To invest in this region, he suggest that investors consider the Indonesia Fund (IF) and the Van Eck Indonesia ETF (IDX),
Read more at Indonesia: The 'Most Overlooked Opportunity' in Asia
Also bullish on the Aberdeen Indonesia Fund (IF) is income specialist Neil George. The editor of The Pay Me Strategy considers the fund a "bargain buy."
Read more at Aberdeen Indonesia (IF): A 'Bargain Buy'
ETF specialist Doug Fabian also sees long-term opportunity in the Market Vectors Indonesia ETF (IDX). Noting that the Indonesian market has been one of the world's best performers this year, he suggests, "This fund has certainly has my attention."
Read more at Market Vectors Indonesia (IDX): 'Room to Run'
International stock expert Nicholas Vardy, editor of The Global Bull Market Alert says, "Few markets in the world have enjoyed as much of a turnaround in investor sentiment as Indonesia." He also recommends the Market Vectors Indonsia ETF (IDX).
Read more at Vardy's View: Buy Indonesia
In Personal Finance newsletter, Yiannis Mostrous notes that "historically low valuations are the most compelling reason to be long the South Korean market." He recommends that investors look at the iShares MSCI South Korea ETF (EWY).
Read more at Low Valuations Boost South Korea ETF (EWY)
Finally, for a diversified play on small cap stocks throughout Asia, Tom Bishop -- editor if the small cap focused BI Research -- has just added Matthews Asia Small Companies Fund (MSMLX) to his buy list. "They know Asia inside and out," he states.
Steven Halpern's TheStockAdvisors.com offers a free daily review of the favorite stock ideas of the nation's top financial newsletter advisors.