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foreign investors shift focus from india to china amid economic concerns
Foreign investors are rapidly exiting India's stock market, pulling nearly $29 billion since October, as high inflation and interest rates have led to a 13% decline in Indian stocks. In contrast, China's market is attracting attention with a 36% rise in the Hang Seng Index, driven by expectations of economic recovery and AI investments. While some asset managers remain optimistic about India, caution is growing as earnings slow and valuations remain high compared to China.
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