Invest in Indian stocks and Chinese bonds, says chief strategist Parpart

0
14

Capital Link International chief strategist Uwe Parpart on CNBC's Street Signs. Photo: CNBC screen grab

Capital Link International chief strategist Uwe Parpart explains why he thinks Indian equities and Chinese bonds are now good bets for investors.

“For equities… India is a pretty good bet,” he said. “Indian banks are being recapitalized to the tune of 32 billion US dollars. That should allow them to lend more rapidly.

“And at the same time you have elections coming up in India. And whenever you have elections there’s going to be government spending,” Parpart added. “I think for the time being, the potential in the Indian market is excellent.”

Parpart is also editor of Asia Times.

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here