"Decoupling China from U.S. markets by delisting Chinese firms from US exchanges is a terrible idea, ” Paulson said. "So is forcing Chinese equities out of the MSCI indexes. It is simply contrary to the foundations of successful capitalism for politicians and bureaucrats to instruct private American players how to deploy private capital for private ends.”
NEW YORK: Even though the US stock market continues a record-breaking rally that has sent the benchmark S&P 500 index up nearly 25% for the year, investors appear to be looking elsewhere for better values in the year ahead.
World stock funds brought in US$8.2bil in investor inflows over the last two weeks, breaking a losing streak that dated back to early September, according to Investment Company Institute data. US equity funds, meanwhile, lost more than US$10bil in outflows over the last two weeks, extending a retreat that has spanned seven of the last eight weeks.
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