Published On: Sunday, October 2, 2022 | By: Team KnowMyStock
Beijing’s Covid Zero pursuit, regulatory crackdowns and tensions with the West have led to a $5 trillion rout in Chinese stocks since early 2021. And India -- long dubbed the “next China” -- has become an attractive alternative with economic growth that’s forecast to be the fastest in Asia.
Many market veterans have allocated a higher weight to India than China since the start of this year. Some finacial experts say some of its emerging-market funds have India as their largest holding. M&G Investments (Singapore) Pte has made a “greater allocation” to India in 2022.
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