India has now become the first choice of investors for investing in developing countries, not China. According to the report of Invesco Global, 142 Chief Investment Officers named India as the first choice for sovereign wealth fund investment. The government fund of a country is called sovereign fund. Sovereign funds are invested in other countries for the economic strength of its economy and its citizens.
According to the survey, in the year 2022, China was the first choice for investment of Sovereign Fund. Last year, China got 71 points in terms of investment choice, while India got 66 points. But in the survey conducted in the year 2023, India got 76 and China got 51 marks. In the survey, developing countries like South Korea, Brazil, Mexico and South Africa were found far behind compared to India.
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