China’s aggressive measures to revive its markets and economy are attracting foreign investors, with global brokerage firm CLSA increasing its exposure to China while reducing its stake in Indian equities. CLSA announced a fiscal leap of faith in China, raising its allocation to 5% overweight and cutting India’s overweight from 20% to 10%. The firm views China as presenting the greatest self-help opportunity in emerging markets, expecting policymakers to respond effectively.
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