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RWIU - China Outperforms In Worst Quarter For Global Stocks
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By Philip Lawlor, managing director, Global Markets Research
Call it a case of first in, first out: Despite the distinction of being the initial epicenter of the now global coronavirus outbreak, China's equity market suffered far less than both the emerging and developed indexes in the March downdraft and for the year so far.
In March, the FTSE China Index fell 7.0%, significantly outperforming the declines of 14.1% for the Emerging Markets Index and of 12.7% for the FTSE All-World Index. China's resilience is particularly striking when compared with the significant losses of its peers