Investors Still Flock To China, But Ardor Cools
Posted on October 23, 2009 at 18:18 PM EDT
Can China's economy and stocks continue to outperform those of other emerging markets? Recent fund flows suggest rising skepticism. Money was still flowing to emerging markets at a strong pace in the third quarter, according to private research firm EPFR Global. But the eager thirst for China is starting to cool, said Cameron Brandt, senior market analyst at the firm. "Some people are beginning to wonder if prices aren't ahead of where the