How is China's slowdown affecting Asian equities?

China's slowing economy is providing headwinds for its neighbours. But some equity markets, such as Indonesia, the Philippines and Thailand, have still managed to steam ahead. T. Bailey's Peter Askew explains why.

Opinion remains sharply divided on whether the authorities in Beijing will manage to accomplish a soft landing for the Chinese economy or if the world's most populous nation is on course for a harder one. What happens will have an impact across the region, affecting neighbours providing cheaper labour, such as Vietnam. Also affected will be competing exporter nations including Korea, Taiwan and Singapore; and Australia and New Zealand, which reap the benefits of its demand for raw materials and foodstuffs respectively. Equity discount So far this year the Chinese equity market h...