No one knows how the Korean thing will play out. Stubborn players are normally removed violently. Many investors who found investments in China and Korea need to take a sober second look.
Conventional artillery from North Korea can wreck havoc in Seoul and surroundings. China while large does not have unlimited resources. Chinese leadership is very engineering oriented. They have not designed for a huge refugee crisis. Their system will be compromised. Not destroyed but it could easily take a step or two back.
If valuations are present value of future earnings and future earnings will stumble therefore…
Financial Skeptic writes from a caveat emptor perspective. Only the paranoid survive.