With analysts and investors taking an increasingly bearish view on emerging markets, China might offer the best of a bad job, according to Jefferies, the global investment banking group.
"We expect China to once again confound the critics producing a strong relative outperformance versus emerging markets," Jefferies said in a note. The group added that it backed the consensus view that expected equities in developed markets will outperform emerging markets this year.
(Read more: Some fund managers turn positive on emerging markets)
