Emerging market equities have not had a congenial summer. Since Ben Bernanke, chairman of the Federal Reserve, broached the subject of tapering the Fed’s asset purchasing programme back in May, they have notably underperformed developed world equities. It looks suspiciously as though the emerging market growth story is tarnished.
新興市場股市的這個夏天一直不那么愜意。自從今年5月美聯儲(Fed)主席本?伯南克(Ben Bernanke)提出放慢資產購買計劃的話題以來,新興市場股市的表現明顯不及發達國家股市。新興市場的增長故事看上去好像失去了光澤。
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