China is closing the gap, but it is not a superpower on all fronts (yet)

Aegon Asset Management
By February 23, 2021 13:41

China is closing the gap, but it is not a superpower on all fronts (yet)

China is closing the gap, but it is not a superpower on all fronts (yet)

China has played a very important role – if not the most important role – in the global economy since 2000. Economic reforms and strong growth of the Chinese economy resulted in a global shift of the economic power balance.  During most of the 20th century China’s share of the global economy was around 5%. But before that, China played a much more important role. In the 15th and 16th centuries, China accounted for 25% to 30% of the global economy, making it …

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Jeroen van Wilgenburg
Business Development Manager, Netherlands
Tel: +31 6 51 35 24 20
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Aegon Asset Management
By February 23, 2021 13:41

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