China

Fitch has cut China's local currency rating from AA- to A+, amid concerns the country is not doing enough to address its soaring debt levels.

CONTRARIAN

James Burns, head of the multi-manager desk at Smith & Williamson, said he sees investment opportunities in Europe, Japan and the United States (US).

Investec Asset Management believes this year's BRICS Summit recently held in South Africa was more about communication between the five countries rather than coordination which is a concept still in its infancy.

SOAPBOX

The Bank of England has revealed it is in talks with the People's Bank of China about agreeing a currency swap deal to help ensure greater financial stability.

CHINA

CHINA'S YEAR OF THE SNAKE

SOAPBOX

BOLTON: MY OUTLOOK FOR 2013