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Overseas investors put $4.8bn into Chinese stocks last month, while pulling $4.1bn out of other emerging-market equities
India was hit especially hard — with an index tracking hedge fund performance down 35.2% in March alone
Investors flocked to products focused on emerging market debt at the end of 2019 — particularly that denominated in local currencies, rather than US dollars
Near-simultaneous losses from large investments in the countries hit the emerging-markets bond mutual fund
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