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Below the quote on  FPIs 'Avoid China' Policy Benefits India from Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

"Shanghai composite is the worst performing large market if we take the near term and the long-term. The index is flat not only for the year but for the last 16-year period also. Shanghai composite is now at 3126, the same level as in March 2007. This is terrible long-term performance.
The disappointment with China is only increasing. With declining population, decelerating economy, political tensions with the West and anti-business economic policies, the prospects of the Chinese market look dim. That’s why FPIs are following an ‘avoid China’ policy. This is certainly good for India. Increasing outflows from China and inflows into India are clear inevitable long-term trends. But in the short run high valuations in India and rising bond yields in the US will pose challenges to this trend."

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