China’s unavoidable financial rise
Aug 03,2021 - Last updated at Aug 03,2021
SHANGHAI The great powers in history have tended to have one thing in common: Size matters. While a large market does not guarantee dominance in other realms, it certainly helps, perhaps more than any other single factor. This was true of the United States, and now it applies to China. Beyond being a leading economic and trading power, China is increasingly and inexorably becoming a global financial power.
Somehow, too many economists in the West did not see this coming. Even a decade ago, few were bullish about the growth of China’s external financial strength, with sceptics highlighting the country’s vulnerabilities.
China s unavoidable financial rise
jordantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jordantimes.com Daily Mail and Mail on Sunday newspapers.
China s Unavoidable Financial Rise by Zhang Jun
project-syndicate.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from project-syndicate.org Daily Mail and Mail on Sunday newspapers.