Asia ex-Japan investment trust discounts widen

The economic slowdown in China is impacting other countries in Asia and the developed world, and hopes of growth in consumer spending and the services sector coming to the rescue are fading. Rebalancing the economy away from infrastructure investment and traditional industrial drivers, while cushioning the services sector and allowing new industries to develop, is a challenge facing policymakers trying to save the faltering economy.

Earlier actions seem to have encouraged reckless borrowing by many companies and some of the policies aimed at shoring up the economy have instead boosted the Chinese stockmarket, creating a challenge for managers.



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