'The most volatile thing about the Chinese economy is investor sentiment'

Asian equity managers are remaining optimistic on the outlook for China, dismissing investor concerns the country is heading towards a hard landing, despite third quarter GDP growth being the weakest since the financial crisis.

Fund managers have been buying into companies including online retailers and consumer goods names in China, urging investors to look beyond the headline figures, which they say can be skewed. Last week, Chinese year on year GDP growth was reported as 6.9% for the third quarter, below the government's official target of 7%. This was lower than the 7.3% reported for the same period in 2014, although the figure was stronger than analysts' expectations of 6.8%. A couple of days after the figures were announced, China cut its one-year benchmark interest rate by 0.25 percentage points to 4....