Mobius: Fundamentals in China are still excellent

Volatility set to stay around the globe

Mark Mobius, executive chairman of the Templeton emerging markets group, is convinced China will continue to enjoy strong growth in 2016, despite a volatile start to the year which has seen the country's stockmarket suspended on two separate occasions.

Mobius (pictured), who runs a range of Templeton's emerging markets funds, said China's growth remains strong, and that volatility has instead stemmed from the government's attempts to achieve the "difficult balance" of ongoing stability and a freer market. "As we see it, there is no question that China should continue to have strong growth this year, but one might say that China is facing a bit of a conundrum," he said. "On the one hand, the government wants stability, but on the other, it also is striving towards more openness. That means we could see more volatility in China's mark...