Is China Driving Emerging Markets?

Over the years, China has become a leading emerging market player, a global powerhouse and, above all, a must for equity investors in search of growth. China, which had a 0% weighting in global indices 25 years ago, has now grown to be the biggest weighing (43%) in the MSCI Emerging Markets index 1 . It is also the biggest market ($19Tn market capitalisation) after the United States and contributes to 17% of the global GDP.