UK shares are enjoying a positive session despite the latest growth wobble in China, after the country's finance minister revealed the economy is going to undershoot the 2013 growth target of 7.5%.
Asian markets regained ground on Wednesday following falls as weaker than expected Chinese trade data sparked worries the country's growth may slow further in Q2.
Former Chancellor Alistair Darling has warned Europe and its plethora of problems continues to pose the greatest threat to the UK unless growth returns.
Investors must rethink their approach to categorising global markets, according to Luke Barrs of Goldman Sachs Asset Management.
Chinese shares have started the week sharply in the red, with markets off substantially amid ongoing fears about the impact of the US cutting back its stimulus programme.
Newton's Jason Pidcock is maintaining an overweight to Australian equities in his Asian Income portfolio, despite the recent underperformance of the local currency against the US dollar.