China stocks win over world in best start to year since 2006

HONG KONG: What a difference a quarter makes.

The MSCI China Index’s 14% jump this year is its strongest start since 2006, and one of its best performances versus world equities since the global financial crisis. Traders are now willing to pay the most in six years for the gauge as the yuan stabilises and concerns ease over global trade – risks that helped the measure sink 7.1% in the previous three months.