In an environment of heightened geopolitical risk — with the increasing rivalry between the US and China and Beijing’s mounting pressure on Taiwan — India provides a degree of “safety,” said Gaurav Mallik, chief investment strategist at State Street Global Advisors. The money manager has an overweight position in India, drawn to a growing middle class that “bodes well for consumption plays,” he said.
Adani Risk Clouds Wall Street’s Star Emerging-Market Bet
https://finance.yahoo.com/news/adani-risk-casts-doubt-wall-130100189.htmlWeb results:
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