China

Speaking at a press briefing in Hong Kong last week, two leading Asia-based economists gave opposing views on the future of the Chinese economy, equity market and property sector.

ON SPECIALIST MARKETS

ON ASSET ALLOCATION

Fidelity's Anthony Bolton has said he remains a world equity market bull despite a global situation that resembles "a big game of poker".

Schroders head of Asia ex-Japan equities, Robin Parbrook, said returns from China have been 'miserable' for the last two decades, and warned the country still faces major challenges.

Noel O'Halloran, head of the team that manages the Insynergy New World Equity Income fund, is anticipating interest rate cuts in major emerging markets as the economic cycle begins to turn.

First State is set to launch its first bond fund in the UK following the hire of Helene Williamson last month.

First State Asia Pacific Leaders manager runs chunky underweight to Chinese equities ahead of expected pull-back.

China's premier, Wen Jiabao, said the country is ready to help Europe through its current debt crisis, but is calling for Europe to recognise China as a full market economy.

Stocks in the US and Asia rallied overnight after Italy turned to China for help with its debt crisis.