What’s Ahead for Emerging Markets?

The transcript discusses China's unexpected cut in the reserve ratio, signaling confidence in stabilizing the exchange rate ahead of the National People's Congress. Despite this, the renminbi is expected to depreciate, affecting other currencies like Korea and Malaysia. Emerging markets face challenges but are not in crisis, with growth expected to improve in the latter half of 2016. Historical growth rates are compared, highlighting the current mediocre performance.

What recent action did the PBOC take regarding the reserve ratio requirements in China?

How does the speaker view the impact of the recent economic policies on the renminbi?

What are the two contrasting views on the future of emerging markets as discussed in the text?

What does the speaker predict about the growth rate for emerging markets excluding China?

What historical context does the speaker provide regarding the growth rates in the 80s and 90s?