Morgan Stanley is getting more bullish on China stocks. But there’s a key risk, and it’s not tariffs. - MarketWatch
1. MCHI is down 6% from mid-March highs amid tariff concerns. 2. Morgan Stanley raised MCHI's year-end target due to improved earnings expectations. 3. Chinese stocks trade at a discount compared to emerging markets. 4. U.S.-China tensions could affect investment and market sentiment negatively. 5. Morgan Stanley forecasts low GDP growth and inflation for China this year.