Morgan Stanley says China is ‘overinvested,’ but India’s the opposite

(CNBC) China is overinvested as its economy continues to get buffeted — but India has room for investment opportunities, said Morgan Stanley. “China is overinvested. It’s overleveraged and it’s oversupplied. And then it has this geopolitical cloud over it,” said Jitania Kandhari, Morgan Stanley’s deputy CIO for solutions & multi-asset and managing director.

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