China and India restructured and ready

China and India's performance over the past two years has made them hugely popular with managers again. So have things changed since the early 1990s?

India and China may be the most popular markets at the moment but is this really a new story or simply a case of déjà vu? Both have delivered stellar performance over the past two years, with China in particular a theme being played by many UK equity managers, not to mention their specialist regional and emerging markets counterparts. The arguments sound convincing enough: a third of the world's population live in the two countries and both have vast resources of low-cost labour set against improving political backdrops. The same arguments were used in the early to mid 1990s when funds fr...