The widening economic gulf between China and other emerging markets is prompting some of the world’s largest investors to change how they allocate money to the asset class. Amundi Asset Management, which oversees nearly $2tn, and Robeco, a manager of $190bn, are both rolling out new strategies focused on China amid a surge in demand from clients who had previously invested in the country through global developing-nation funds. BNY Mellon Investment Management favours targeted bets on the Chinese economy, while BlackRock Inc calls the country “an investment destination separate from emerging markets.” China has long stood out in the developing world for its unique combination of size, growt
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