"Some emerging markets are overheating and as inflation is accelerating, they are behind the curve in terms of policy tightening. In China, Russia and many other emerging-market economies that are emphasizing growth over fighting inflation, if inflation gets out of hand, they have to tighten more in the middle or later part of this year.” - in Bloomberg
Related: iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM) , Market Vector Russia ETF Trust (NYSE:RSX) , iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI)