Not long ago cynical investors used to say that an Asian hedge fund was a contradiction in terms, as it simply wasn't possible to short in the region. Today, that has changed. Shorting in Asia is not that much more difficult than in the US or Europe - in four of the main Asian countries at least.
Outside Japan, Hong Kong, Singapore and Australia it gets a little more tricky. It is possible to short in Thailand and New Zealand, but liquidity is thin.
Elsewhere it can be done through very expensive synthetics. And in some countries like Korea you can legally short stock, but in practice it is possible only if you have a local presence, due to peculiar foreign exchange laws and laws on lending assets to foreigners. It is still illegal for foreign investors to short stocks in Taiwan and India.
Easily the simplest markets to short are...