With the aim of tracking market performance around the world, these indexes incorporate securities from various regions. However, while the number of securities may be relatively well diversified across countries, a dollar perspective tells a different story. When market capitalization is taken into account, country weightings may become much more unbalanced. S-based companies—those that maintain their primary business affairs in the U.
This initiative is designed to help audiences think beyond the current day to day analysis of China. The Chinese government set two centenary goals or Liang ge yibai nian to be achieved by and , marking the centenaries of the Chinese Communist Party and the Republic of China respectively. The role of China as a rising global power, an emerging consumer market and an investment opportunity has been widely discussed and documented amongst China watchers, investors and economists for decades. Where the West sees risk, China often sees opportunity. Where the West seeks to reinforce the existing establishment, China is creating new ones. While questions abound, evidence-based analysis remains elusive.
The Chinese leadership has unveiled a strategy to lead the globe in seven of the most important industries. Is the rest of the world ready? Over the past few months, Beijing has released several plans laying out its vision for the country's economic future. China's twelfth Five-Year Plan, approved in March, and a follow-up plan released late last month by the National Development and Reform Commission, reveal a national strategy with several worrying developments for multinational corporations.
Only a few years ago, many American observers still hoped that China would reconcile itself to a supporting role in the liberal international order or would pose—at most—a challenge to U. The conventional wisdom was that China would seek an expanded regional role—and a reduced U. He was a deputy assistant to President Barack Obama and national security advisor to Vice President Joe Biden from to , as well as director of policy planning at the U.