Despite every effort from policymakers and central bankers, the emerging markets sell-off continues – and there are more warnings that this might settle in for the long haul.
Emerging market economies are bigger and more closely linked to developed market economies than ever before and the term can seem increasingly obsolete when applied to a country like China — the world’s second biggest economy.
This could mean that when faster-growth markets sneeze, more established economies like the U.S. and Europe catch a nasty cold
