Betting on Chindia: Two Great Economies in a Single ETF
Thursday, August 26th, 2010Tom Lydon submits:
China is now the world’s second-largest economy, surpassing Japan. But while China sets its sights on the number one position, it might want to look behind itself, too: India is formidable competition. With one ETF, you can play both.
China’s ascendancy to the top position isn’t a foregone conclusion. Just two decades ago, Japan was seen as the main rival to the United States. But India’s growth is on track to outpace China’s growth in less than three years.
