The growing weight of China and the emerging economies

The emerging economies have a growing share of the global economy which, especially with China, clearly shows in the economic news and financial market movements. Boosted by demographics and relatively fast growth potential, this economic weight should keep growing, probably in tandem with emerging markets’ influence on the financial markets and the leading international economic organizations. Note, however, that emerging economies are still poorer and less mature than advanced economies and that final global consumption remains dominated by advanced countries, particularly the United States.