(Harvest) Its economic leadership creates a potential opportunity that cannot be ignored. Many of the things that have been leveled at emerging markets over the years are now key concerns in the West: mercantilism, political instability, the wedge between rich and poor. The U.S. tries to boost the current stock market with subdued corporate investment, share buybacks and pro-capitalist tax policy; Europe struggles with secessionism and a moribund banking system. Their tribulations are causing the West to look inward. China is stepping into the vacuum both economically and politically.
What China’s Greater Openness Means for Investors
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