India and Taiwan eyes China’s MSCI emerging market index top spot: Report

Taiwan and India now command more than 19 per cent weighting each in the MSCI EM Index, eyes China's 22.8 per cent position, reported Bloomberg. The rise of India and Taiwan is allowing investors to better diversify by betting on artificial intelligence chipmakers and the infrastructure boom.

(Bloomberg) -- The race to replace China’s top spot in emerging market equity portfolios is heating up, with Taiwan and India running neck to neck as formidable rivals.

Thanks to record stock rallies, Taiwan and India now command more than 19% weightings each in the MSCI EM Index. That compares to China’s 22.8%, whose standing has steadily shrunk over the past few years, Bloomberg-compiled data show

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