Feature

Amid the attention focused on the recent downgrade of China, it is easy to forget that Indonesia was upgraded the week beforehand, when Standard & Poor's became the third and last of the major agencies to rate the country as investment grade (BBB-).

Despite having an economy that continues to outpace that of many other countries, China's growth has slowed in recent years, raising concerns over the broader implications for investments.

More domestically-focused

Retail and autos particularly affected

Chinese labour no longer as cheap as elsewhere

Humans versus machines

Our video series continues

Despite the uncertainty on the political front and the macroeconomic unknowns, the biotech sector's fundamentals have remained solid.

The US retail sector is struggling. This may seem strange, given the US economy is strengthening and consumer confidence is rising.

Many investors have come to rely on asset allocations modelled on the old economic order: decades of globalisation, falling inflation, slowing economic growth and declining interest rates.