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
Most global stockmarkets are looking a little wobbly at the moment. But Chinese stocks are in a full-blown bear market. John Stepek explains what that means for you.
In 2008 Chinese companies comprised 9% of the key benchmark for emerging-market funds. Today, it’s 27%.
Firms such as Alibaba and Tencent already dominate ecommerce in China – now they’re expanding their reach. Investors should back them – at least for now, says Rupert Foster.
Xi Jinping has consolidated enough power to take China where he wants – whether forwards or backwards. Investors should hope for the best, says Cris Sholto Heaton.
The outgoing chairman of the People’s Bank of China warned that excessive optimism could lead to a sharp correction in the markets.
The re-emergence of India and China from their long economic slumber appears to offer investors the prospect of easy profits, but the lesson of history is to tread carefully in these countries, says Max King.
Hong Kong’s niche as a secure gateway to China is under threat as China opens its markets to foreign money.
The key question for China now is whether it can avoid repeating the fate of Japan in 1989 and its “lost decades”.
After several years of deliberation, index provider MSCI has considering added domestic Chinese A-shares to one of its major benchmarks, the Emerging Markets index.
MSCI’s decision to include Chinese “A-shares” in its emerging market index shines a fascinating light on the passive vs active investing debate, days Merryn Somerset Webb.