QROPS Advice: CHINA "Speed bump"

The tumble in China's stocks is a "speed bump" and won't last for more than three months before rallying, said Christopher Wood, chief strategist at CLSA Ltd. The benchmark Shanghai Composite Index has declined 8.3 percent this year, the second-worst performer among 94 global stock gauges, on concern government measures to curb credit growth and control inflation will hurt growth. "The reason China is down the most is because the Chinese government is the first to make tightening moves," Wood said. "This correction, which may run for two to three months, is the opportunity to invest in banks, property, consumer stocks in China."