What term best defined China in 2009?

• Source: Global Times
• [23:57 December 30 2009]
• Comments

Gary Sands, a US citizen and managing director at Highway West Capital Advisors

Center 中

China has become the manufacturing center of the world. With the impact of the financial crisis in 2009, world opinion is looking for China to play a central economic role.

And in financial circles, China also took center stage with calls to replace the dollar as the reserve currency.

While deemed premature by many experts, several nations followed the lead of China and moved toward reducing their dollar exposure and instead purchasing gold and other currencies.

China also moved toward a central role in the environment with the recent Copenhagen conference on climate change.