The Chinese growth story was compelling enough to drag Anthony Bolton, the star Fidelity manager and fund wallah, out of retirement in 2010 to launch the Fidelity China Special Situations investment trust. He claimed at the time: “For an investor like me, the opportunity is simply too great to pass up.”

Bolton placed £2.5m of his own money into the fund when it launched in April 2010. So far, the fund is down 16%. Speaking to Financial News, Bolton said: "I remain as enthusiastic as I was in 2010 and believe today's entry point is even better."