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Emerging markets facing perfect storm, says IIF

They have been broad-sided by China's weakened imports, even as investors pivot towards the US

A restful sleep amid the gyrations in the Chinese equity market? The IIF has blamed the events in China largely for what it says has been a distinct souring of investor sentiment towards emerging markets as an asset class.


EMERGING markets appear to have run into a "perfect storm" in recent months, with China at the centre of it, the Washington-based Institute of International Finance (IIF) said on Wednesday.

In a report detailing the shocks that have hit both equity and bond markets, it...