FYI: For the past couple of decades, the biggest single economy driving worldwide growth has undoubtedly been China. Annual GDP growth rates in excess of 10% fueled an economic boom and high demand for commodities like steel, copper, and many other metals while the rising Chinese tide helped to lift other countries along with it. But China’s reign has come to an end. Growth has been decelerating, now estimated to be around 6.5% to 7%, and the Chinese stock market crash drilled those realities home for investors who refused to see the downward slope.
Regards,
Ted
http://mutualfunds.com/news/2016/03/31/is-india-ready-to-assume-the-mantle-china-left-behind/
