China’s elite role in emerging markets has traders creeping back
A recovery in Chinese stocks following a meltdown at the start of last week underscored how investors in emerging markets have few alternatives that are as big and liquid.
After ditching the Asian nation’s assets amid the turmoil, there are already signs that investors are creeping back. Traders piled a net $US975 million ($1.3 billion) into Chinese exchange traded funds last week, more than all other developing nations tracked by Bloomberg combined.
Washington Post
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