Why investors should keep China in mind this year

This year held such promise after what was a very respectable 2013: developed markets cantered along nicely, European calamity was avoided, tapering became part of everyday lexicon used by both chief investment officers and taxi drivers, and the laggards of the last few years, emerging markets, had the potential to become beneficiaries of an improving global economy. Alas, these hopes were dashed as the start of the year brought with it gloomy days to both the skies and traders’ screens. Volatility has spiked up as a new gang – the ‘fragile five’ (India, Indonesia, Brazil, Turkey and ...