Updated November 17, 2023 at 12:16 a.m. ET
Investors in emerging market stocks have benefited this year from their distance from China.
The MSCI China index is down 8% this year through Nov. 15, while a broader emerging markets benchmark that excludes China is up 8% over the same period. Chinese stocks have been weighed down by the country’s fragile economic reopening, a pushback from foreign money managers and the growing reluctance of the country’s small investors to buy stocks.
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