Chinese Stocks Scoff At Hard Landing
Now that's a landing…
Oops. Don’t tell the bears who have been waiting for China’s correction. China’s stock market is outperforming the MSCI Emerging Markets index by about 200 basis points year-to-date.
It’s beating Brazil, Russia, India, Mexico, Thailand, Indonesia. And over the last three months, totally clobbering the MSCI Philippines Index, one of this year’s darlings in the emerging market space.