From BlackRock Global Chief Investment Strategist Richard Turnill

His main points:

  • China's growth is set to cool in 2018
  • Economic risks are rising
  • Yet we believe the key party congress this week will likely serve as a prelude for deeper reforms
  • We see China's growth rate slowing only to still-solid and more sustainable levels
  • Growth in China should remain supportive of emerging market (EM) assets and risk assets in general