ASIAN MARKET NEWS 22 JANUARY 2016

China's enormous, complex economic transition will keep emerging markets under pressure for the next five years, Goldman Sachs has warned. In report setting out its forecasts on China, the bank told clients to "adjust their exposures" to EM assets.

"The country is trying to shift its economy away from an export-driven and investment-led one to a more balanced, consumption-oriented economy," Goldman said in the report, headlined "Walled In: China's Great Dilemma."


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