MSCI China index has just delivered 1.5% since 1992

Just saw this. The MSCI china index has just delivered 1.5% since December 1992. That’s nuts. Assuming that there was an ETF or a fund since the inception, the returns would be negative after fees and taxes :astonished:

Here’s a comparison of some major country ETFs

International diversification isn’t so straightforward.

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Chinese economy meanwhile has grown 40 times from 1992 :open_mouth:

GDP growth and stock market returns is indeed not so straightforward.

How much of this underperformance do you think is attributed to chinese govt policies ?

A lot and also due to the fact that the stock market in China is dominated by retail investors who have no idea what they are doing and also it is very difficult for foreign institutions to participate in their stock market,