China

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.

WHAT'S HOT?

The recent hiccup in investor sentiment should not develop into anything more dramatic, writes Rob Burdett and Gary Potter, co-heads of multi-manager at F&C investments.

Outgoing manager Anthony Bolton talks to his successor Dale Nicholls about the future strategy of the Fidelity China Special Situations investment trust.

CHINA

ON FINANCIALS

Short-term borrowing rates in China have soared to record highs as credit seizes up, prompting fears that the country's liquidity squeeze may be spinning out of control.

A sharp fall in factory output in China cast a shadow over the global economy yesterday as the eurozone remained mired in recession.

CHINA