A Decade Looking Back at Emerging-Market Assets and China’s Rise
- China drives growth in market share of developing nations
- Bond sales and assets under major ETFs trippled in ten years
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It was the decade when Chinese markets came of age, moving from a bit player to center stage in stocks, bonds and currencies for developing nations.
And as China expanded, so did emerging markets as a whole, taking an ever larger share of global trading. The share capitalization of developing nations almost doubled, bond issuance tripled and trading in their currencies rose to more than a quarter of the global total.