Mark Mobius on Indian markets: India much better compared to China

Mark Mobius , Partner, Mobius Capital Partners says, "If you compare countries around the world, India looks very good, particularly if you look at the big countries and compare China and India. As you know China is going through a terrible time now and the market is very bad. The performance has been very bad and it looks like the economy in China will continue to be in a bad shape, especially exports. Whereas India is in a much better position because software exports will probably continue to do very well"