The centre of the world is China

Stephen Bird at Citi questions how long it will be before the world's leading financial centre is in Asia.
Stephen Bird
Stephen Bird

Forecasters spend more time pondering China's future than probably any other market on earth. When will it become the world's largest consumer market By 2015. When will it become the world's largest investor in research and development By 2025. And then eventually it will become the world's largest economy by 2035.  

These are significant milestones on China's path but it's the trajectory of growth and economic development that rightly attracts all the attention. However, turning to the China of today rather than tomorrow, China can already lay claim to being one of the world's leading capital markets -- if not in fact its most important market.

China's stock market capitalisation passed that...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222