China, Japan Good Spots For Overseas Investing?

Data from one major Wall Street investment firm says Japan and China, led by strong consumer sentiment, are better best than U.S. and Europe right now. What’s your take on Asia as a haven for nervous portfolio investors right now, and why? Bullish? Bearish? What are the major investment factors in Japan and China, and why? Any other Asian bourses a good play for U.S. investors right now? If so, why? All comments welcome. Requirements: Asia economic and investment experts, stock market experts, international investing experts, money managers, analysts, investment advisors, Asia investors.