A momentous shift is under way in global markets as investors pull billions of dollars from China’s sputtering economy, two decades after betting on the country as the world’s biggest growth story. Much of that cash is now heading for India, with Wall Street giants like Goldman Sachs Group Inc.…
Beaten-up Chinese stocks
capped off their best week in more than a year on Thursday after
a change of leadership at the market regulator and a string of
support measures from Beijing ahead of an.
China stocks clock best week in over a year inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
A momentous shift is under way in global markets as investors pull billions of dollars from China's sputtering economy, two decades after betting on the country as the world's biggest growth story.
Investors are paying close attention to the contrasting trajectories of two of Asias greatest powers. India, the worlds fastest-growing major economy, has vastly expanded infrastructure under Prime Minister Narendra Modi in his bid to lure global capital and supply lines away from Beijing. China, on the other hand, is grappling with chronic economic woes and a widening rift with the Western-led order.