Why Japanese are betting on India to be next China

Japanese retail investors are pouring money into Indian stocks, attracted by the country’s economic growth potential. The total assets of India equity-focused investment trusts in Japan grew 11% in January. This is partly due to the introduction of tax-free investment accounts. In contrast, flows into Chinese shares dropped significantly. The shift in money from Japan comes as China grapples with the collapse of a property bubble and deflation
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