This paper compares different preferences between foreign funds operating under Qualified Foreign Institutional Investor (QFII) in China and domestic Chinese funds and analyzes the firm-level drivers that influence their allocation choices. The analysis reveals that foreign funds have a...

“India is shining.” This was a slogan of NDA government before going to elections during 2003. Though the government changed at the centre, the same situation prevails in the economy. In fact, there was a doubt about the economic reforms of UPA government from the beginning since the left...