Reuters
Stronger Chinese-led emerging markets growth will likely buffer the stocks, bonds and currencies of many developing nations as markets in the United States and Europe are whipped around by banking turmoil. But weeks of volatility in global markets, spurred by bank failures, rescues and emergency government assistance, could knock vulnerable emerging economies, strategists said, necessitating careful picks. "The growth premium in favour of emerging markets driven by China is clearly even more confirmed," Alessia Berardi, head of emerging markets (EM) research at Amundi, Europe's biggest asset manager, told Reuters.