Why China's stockmarket slump is a buying opportunity

The Chinese equity market has had a very volatile start to the year, with stock valuations now close to the levels seen during the 2008 financial crisis. Markets are pricing in a Doomsday scenario, but this does not reflect reality.  There are three main factors at play in the sell-off we have seen in China so far this year. These are slowing economic growth, rising debt and the threat of currency devaluation. Fears of a bubble forming in the property market used to be a fourth factor worrying investors, but this has failed to materialise. Are these macro fears justified? Let's look...