Asia managers clash on the outlook for China

The spectacular growth story of many economies in the Asia Pacific region has dominated the investment world for much of the last decade. These countries provided a welcome respite for investors fleeing embattled developed markets in the aftermath of the 2008 financial crisis. However, it hasn’t all been plain sailing. High inflation, concerns about asset bubbles and political instability have hurt the region this year. The MSCI Asia Pac index is down 10.56% year to date to 10 November, compared to the MSCI World which is down 5.49% over the same time period. Retail sales into the sector...