Concerns about Chinese influence in politics and universities may be at fever pitch, but the reality is that some of Australia’s retirement savings will help fuel a predicted US$600 billion ($820 billion) inflow into mainland stocks over the next decade.
(Dec 2): Hear that sucking noise? That’s capital being sucked out of regional markets and going to China. Funds that would have come here will now go to China. Funds that are here will be withdrawn and go to China.
This is happening because global index manager Morgan Stanley has implemented the latest update of its China and emerging market index.
