Jake Robbins, senior investment manager at Premier Asset Management, analyses the performance of the Asian markets in the first half of the year.
China has seen its stock market surge by 150% in a year - and then give up a third in a month. Other markets also previously performed extremely well until this year. A combination of slowing growth, high debt levels, crisis in Greece, the Middle East and Ukraine, and the prospect of tightening US monetary policy have sent markets into a tailspin. China's stock market was deliberately inflated by their government as a policy tool to both generate wealth and provide a means for over-indebted businesses to effectively swap debt for equity. GAM's Lai: How China can restore inves...
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