‘Baton getting handed over’: Global investors turn their back on China, start pouring more cash into US ...News

While China’s economy weathered the coronavirus storm much better than the rest of the world, investors are now betting more on US stock funds than Chinese ones, new research from EPFR Global reportedly shows. China became a key destination for foreign investment in 2020, when the coronavirus pandemic triggered a panic sell-off in the stock markets. The world’s second-largest economy was the first country to suffer from Covid-19 and impose massive lockdowns, but it also overcame the aftermath of the crisis faster than others. That paved the way for economic growth while most major economies suffered a downturn.

Hence then, the article about baton getting handed over global investors turn their back on china start pouring more cash into us was published today ( Wednesday 14/04/2021 - 01:46 PM ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( ‘Baton getting handed over’: Global investors turn their back on China, start pouring more cash into US )

Also on site :

• Global Times: Here Come China's 'next new three': AI, robotics and innovative drugs spearhead a new round of industrial upgrading
• New ProEssentials v11: Native WinUI Charting Library, 100M Points in 15ms, Following Microsoft's Vision for True Native Swap-Chain Rendering
• Egypt, BP company to boost natural gas output with new mediterranean well