China is shedding its emerging market tag to become the world's dominant market, according to Brewin Dolphin head of research Guy Foster.
He said even though obtaining data from China remains difficult, it was "more important than ever" for managers to explore and assess the country, which has a population of over 1.3 billion people. "China is becoming the dominant market, not even the dominant emerging market," he said. "The difference between the economic cycle now and every economic cycle of the past is the US was always the biggest economy, whereas now China is the biggest and provides the most growth. "We used to be cautious as China is hard to analyse and there are not many people covering it so the temptation ...
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