Taking Stock 

What the bond surge says about emerging markets

What the bond surge says about emerging markets

This time last year, it was difficult to gauge the probable outcome for emerging markets in 2017, partly due to concerns over a faster-than-expected slowdown in China’s economy. With hindsight, those fears now appear misplaced, with the MSCI Emerging Markets index up by a third through the year, and China's official manufacturing purchasing managers' index denoting expansion at 51.8 points in November.

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