Chinese Stocks Outperform U.S
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World
China markets are set to outperform Wall Street as U.S. 'exceptionalism' comes to a pause
77% Informative
Last week , the S&P 500 slipped into correction territory for the first time since 2023 .
In contrast, the MSCI China index has gained 19% since the start of the year .
Valuations in China look attractive while concerns are growing about the state of the U.S. economy.
The contrasting fortunes mark a swift turnaround from just a few months ago .
MSCI China Index is currently trading at 13.38 times its projected one-year earnings.
The S&P 500 is trading at 20.72 times projected one year earnings.
China 's A shares have been quite depressed for some time, while the U.S. has been on a tear for the last six years .
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