But there was a bit of good news this morning, after analysis from asset manager Hargreaves Lansdown suggested China-focused funds have bounced back.
In fact, of the company's list of October's 10 best performing funds, three focused on investments in the country.
|Invesco Perpetual US Equity Acc||10.14%|
|Legal & General Global Technology Index R Acc||9.67%|
|CF Ruffer Japanese O Acc||9.29%|
|Invesco Global Technology A Annual Dist USD||9.23%|
|Henderson Global Technology A Net Acc||9.16%|
|Neuberger Berman China Equity USD A Acc||9.1%|
|Neptune China A Acc GBP||9%|
|UBS US Growth Acc A||8.96%|
|NFU Mutual Global Growth A||8.94%|
|Invesco Perpetual Hong Kong & China Acc||8.9%|
Heather Ferguson, an investment analyst at Hargreaves Lansdown, said China featured as one of the strongest-performing sectors in October.
"Investors went 'risk on' in favour of more adventurous holdings in the US, technology and China. Funds in the Investment Association China/Greater China sector rose 6.98 per cent on average.
"Add in the gain of 1.97 per cent in September and the sector has now almost entirely recouped the 8.97 per cent loss incurred in August."