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Friday, May 24, 2024

A $188 Billion Exodus Shows China’s Heft Fading in World Markets

A $188 Billion Exodus Shows China’s Heft Fading in World Markets

  • Data show foreign funds shunning China across asset classes
  • MSCI China set for third annual decline, while EM gauge rises

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A massive retreat of funds from Chinese stocks and bonds is diminishing the market’s clout in global portfolios and accelerating its decoupling from the rest of the world.

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