Investors Are Most Bullish Ever on China Economic Growth

More investors than ever say they are bullish about China’s economic outlook, and more favor European rather than U.S. stocks for the first time in two years, a Bank of America Corp. monthly survey showed.

A net 67 percent of money managers, who together oversee $503 billion, predicted that China’s economy will grow at a faster rate next year, the highest reading since the survey data started in 2003. Some 7 percent hold more European stocks than appear in benchmarks, the poll showed.