China

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.

Fidelity is bringing its $115m offshore China Consumer fund onshore with the launch of a mirror fund early next year.

Fitch Ratings has warned it may downgrade China's local currency debt rating within two years on fears over the state of the country's indebted banks.

China's attempts to cool rising prices have begun to have an impact, as inflation slowed in August after hitting a three-year high the previous month.

As creators of credit, banks are in a very privileged position. To create a loan, the equivalent of making a sale for other companies, banks just need to type a number into a computer and hit ‘enter'. This is a licence that frequently gets abused if banks...

ON ASIA

First State is to soft-close Martin Lau's Greater China Growth fund as well as four other emerging markets offerings.

Barings' Agnes Deng is increasing exposure to Chinese banks within the £2.5bn Hong Kong China fund as valuations fall to levels last seen during the banking crisis.