It is well understood that markets can be and are, irrational, often for lengthy periods. However, the emotionality of the polity pales in comparison to the essentials which India has, and which China lacks. These are simply the universal requirements of respect for property, and sound credit, through the rule of law and the sanctity of contracts. The Indians have the legacy of the British empire and the Raj to draw upon. China has a totalitarian gang of criminals and thugs who were eating grass and afterbirths a scant fifty years ago. Guess who I'd trust with my investment.