India or China?
Schonberger: Given a 10-year time horizon, should investors be buying India or China today?
Lu: Both. India is probably 10 to 15 years behind China in terms of growth, investment, and demographics. So in that respect, India will probably have this high-growth trajectory longer. China is still going to be a high-growth economy, but this hypergrowth phase is going to slow down and China will get to that point earlier than India. But I would say both economies have a lot of interesting growth and companies to invest in for the next 10 years.
There's more where that came from. Jennifer Schonberger gets the thougths of T. Rowe Price New Asia manager Anh Lu.