China

Moody's ‘red flag' corporate governance report casts shadow over Chinese companies.

Chinese equities will bottom out this year, according to Mansfield Mok, manager of the £1.2bn GAM Star China Equity fund, who also forecasts China's central bank will loosen its monetary policy in the second of half of this year.

The Federal Reserve chairman Ben Bernanke has ramped up pressure on Congress to agree on its debt ceiling level, in light of rating agencies S&P's and Moody's threats to cut the US' triple-A debt rating.

ON EMERGING MARKETS

Anthony Bolton has said he will learn from his mistakes after his Fidelity China Special Situations fund invested in US-listed Chinese companies accused of fraud.

Chinese growth figures have dropped from 9.7% in the first quarter of this year to 9.5% in the second quarter, as the government struggles to contain rising inflation.

Mark Mobius has warned it will take until the end of 2011 for China to overcome its inflationary problems.

IMA China/Greater China sector is an enigma as top performer over five years but second worst over past six months

Hugh Young, managing director of Aberdeen Asset Management Asia, discusses inflation, the end of QE2, the problem with China equities and reveals his favourite markets in the region

The Chinese government has raised interest rates for the fifth time since October, despite concerns tightening measures are dampening economic growth.