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The China Index Is Out of Favor
People will say china similar e m is out of favor. But since the g f c low march ninth of o nine, the s and p 500 is up 215 %. M s c i, emergint markets, is up one 99. And m s c i china is up one 63. I would argue then that if we went back 13 years ago and looked at the two indices, they were basically valued indices,. If you owned growth em or growth china, you did very wll until about two years ago.