Mark Makepeace, former head of benchmark giant FTSE Russell said China is going through its own recession but the worst has passed.
China and Hong Kong markets will continue to grow, says former FTSE chief Mark Makepeace as he remains long term bullish on China.
"China has had success, and will become an important investment venue going forward, but in the short term, China does have some issues. We're not seeing the sort of growth in the market we've seen in the past, but the potential is there," Mark Makepeace, who is now the chief executive officer of Wilshire Indexes, told CNBC's "
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