Finance & economics| Buttonwood
Can foreign investors learn to love China again?
Wall Street still needs more to coax it back. But non-American firms may be ready to return
Illustration of a large blue dragon with a city skyline in its jaws, held open by a silhouetted figure as blue threads unravel. Three small figures observe from above
Illustration: Satoshi Kambayashi
FOR CHINESEstocks to outperform American ones is rare enough. But this year the MSCIChina index has beaten its American equivalent by an impressive 20 percentage points, on the back of excitement about cutting-edge tech firms such as DeepSeek and Manus AI. American shares, meanwhile, have been weighed down by worries about a bellicose Trump administration and the danger of a slowing economy.