Emerging markets have been reinvigorated this year, with the benchmark MSCI Emerging Markets at a six-and-a-half-month peak and developing-world currencies up against a weaker dollar. And the rally looks set to endure.
China's stockmarket crash
China’s main stockmarket index, the CSI 300, has had a roaring year so far, gaining 25% and outstripping its major rivals. And last week there was more good news for the bulls.
China’s economy is slowing down. In a democracy, that’s no big problem; in a dictatorship, it spells trouble. John Stepek explains what’s going on, and how it affects your money.
The hiatus in the US China trade war is not enough to iron out deep-seated differences between the two countries over intellectual property, cybertheft and state support for Chinese companies.
China’s workforce and general population are ageing rapidly, and the grievously underfunded welfare and pensions system won’t cope. That’s a recipe for structural decline and turmoil, says Jonathan Compton.
Ignore the gloomsters, says Rupert Foster. Growth will slow for now, but the economy is undergoing a healthy transition to consumer-driven growth. The process will prove stronger than demographic headwinds.
Since their 2018 high, Chinese stocks have lost a third of their value. John Stepek looks at what’s behind the fall, and asks if it’s time to buy.
The CSI 300 index has tumbled 21% this year and in October alone it fell by 8%. But it has since staged a small recovery.
The deceleration in China’s economy has fuelled fears that the boom of the previous decade is turning to bust. Marina Gerner reports.
With equity prices sliding by more than 20% this year, China has entered a bear market.
The mess in emerging markets is spreading beyond Turkey and Argentina. John Stepek looks into how things have got so bad, and what’s likely to happen next.