What should we expect from Year of the Horse?

The Year of the Horse will bring implementation of reforms in China, questions over execution for the third arrow of Abenomics and potential inflation in emerging markets, forecast economists. Chinese stock markets suffered from volatility this year, primarily because of expectations the US Federal Reserve would begin curbing its quantitative-easing programme. China’s CSI 300 index is down 12% from its February high for the year. China bears are plentiful. Some predict a recessi…