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The US market, which was once seen as unbeatable, is experiencing a correction with the S&P 500 and Nasdaq both entering correction territory. In contrast, China's MSCI Index has gained nearly 20% since the start of the year. The shift in market leadership is attributed to China's technological capabilities, broader opportunities, and attractive valuations.

asiatimes.com/2025/03/china-st

Asia Times · China stocks back as US exceptionalism fades away - Asia TimesThe era in which Wall Street dominated global markets with unwavering confidence is faltering and China is poised to capitalize on the shift as US