I and many evaluated Samsung when it had the problem. At that time I
believe it was an opportunity to buy. I did not act due to the
government corruption. You can buy Korean ETF and from my memory Samsung
has about 25% in the ETF.
In Asia and so far, all democratic countries are/were corrupt with Japan and Singapore as exceptions of Japan. It could be due to better educated citizens and matured systems.
Philippines
was corrupt during many presidents. The former democratic Vietnam was
corrupt and we're fighting for the wrong guy. Taiwan too with the
brother-in-law (T.V. Sung) of Chiang. Hong Kong was corrupt too until the British
colonial master took action. The HK police asked for protection money
openly and the money was shared all the way to the police head.
We have our own share of corruption but not that openly and to less extent.
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