China's economic growth accelerated for the first time in three quarters in Q3, as the country opted for an immediate boost to GDP by ramping up factory output.
Asian stocks have soared, led by Japan's Nikkei, as investor confidence was boosted by Tokyo winning the race to host the 2020 Olympics.
Fears over US monetary tightening, rate hikes, and recession triggered the 1987 stock market crash, and there are parallels with today's market environment, according to Société Générale's Albert Edwards.
JP Morgan is facing accusations that it hired the children of influential Chinese officials to help the investment bank win business in China.