Tag: investment

In February, the most prestigious international financial institution in the world, the International Monetary Fund, rated China as the number one economic superpower in the world, surpassing the United States based on the purchasing power parity of gross domestic product indicator. In other words, China produced 17% of the world’s GDP in 2014, while the U.S. only produced 16%, making it the stronger economic power in the eyes of the IMF. Now, this dominating economic superpower’s asset management industry is … Continue reading “The Growth in China’s Money Market Funds Could Pose Risks”