The future just happened
Source: IMF, World Economic Outlook, January 2018
- Long-term forecasts predict China to take the lead as the world’s largest economy in ten years;
- China is already the number one driver of global economic growth;
- Trade, debt, and reform issues might cloud the short-term outlook but they are manageable;
- Longer term drivers like financial reform, data-driven innovation, growing consumer demand, industrial upgrading, and trade reorientation will sustain China’s growth and present significant investment opportunities.
