Fidelity sees rich pickings from next year

Global asset management firm positive on investment prospects in China despite economic slowdown

Fidelity International, a leading global asset management firm, expects 2016 to be a year for stock picking in China, notwithstanding the recent market volatility.

Ning Jing, portfolio manager of the United States-based Fidelity International's China-focused fund, said on Tuesday that China's strong economic reform agenda will drive new or even contrarian investment opportunities next year and will help offset the economic slowdown.