China's 'new economy', focused on consumer demand and the service sectors, is accelerating.
The FTSE ET 100 returned 5% versus the MSCI All Countries World index, which advanced 3.3%, in 2015 rounding off what was a successful year for environment markets.
If the recent sell-off can be attributed to any single factor, it has been events in China - and particularly its currency.
When Abenomics was launched and large-scale QE introduced to much fanfare a few years ago, the bold message communicated was we could expect monetary policy easing on a scale not previously seen.
Stance remains Brexit should be avoided
Russia, energy and EMD
Profitability will return