VWO - SMIN: Forget China India Is Still The Way To Go
2024-04-17 10:59:40 ET
Summary
- Investors are advised to buy India and stay away from China as India has stronger growth and a better relationship with free market economies including the U.S.
- China's stock market may seem "dirt cheap" but poor demographics and political issues call its investment future into question while India's good demographics assure future growth.
- Ongoing economic reforms and infrastructure improvements directed by the Modi regime will continue to raise living standards.
- This recommendation is based on the belief that India's economic growth potential outweighs the risks associated with its higher valuation.
- The best way to play India is iShares MSCI Small-Cap ETF which has growing companies involved in serving the rising lower-to-middle class.