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Safest Emerging Stocks in Markets With Less to Lose in China

  • Poland, India reap benefits of weak exports to China
  • Mexico, South Korea among riskiest after China devalues yuan
Updated on

Poland and India have provided the best refuge for emerging-market stock investors since China devalued the yuan two weeks ago.

While equities from China to Brazil have tumbled since the surprise devaluation on Aug. 11, Poland’s benchmark WIG20 Index has posted the best performance among the 30 largest developing markets relative to the MSCI Emerging Markets Index and adjusted for price swings, followed by Morocco and India.