Emerging China
China, the world’s second-largest economy, * continues to be a growing influence on other economies via trade and investments. ** In fact, China’s slice of the Global GDP pie is projected to grow by nearly 26% by 2060. *** The country’s growth has attracted investors looking for exposure to its growing economic and financial strength.
* Worlddata.info, as of May 23, 2023.
** The World Bank in China, as of April 20, 2023.
*** Wealthbooks, “US Share of Global GDP is Shrinking,” as of May 2023.
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* MSCI Emerging Markets Index, as of 1/31/22
**Morgan Stanley Research, “Where China's Wealth Will Go,” 9/22/21
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