British media says the world will come to China in the next ten years

Source: Internet
Author: User
Keywords In the next ten years British media said
Global network reporter Zhong Weidong January 12 reported, the British "Guardian" 12th reported that the world over the past decade has been printed "Made in China" brand, the next decade ushered in the "belong to China" era.  With the development of China's "Twelve-Five" plan, the developed Countries ' exports to China also ushered in a great opportunity.  reported that China's total foreign exchange reserves continued to grow, although China's purchase of overseas assets and bonds is not news, but thanks to the development of China's economy, the growth of China's foreign exchange reserves to the global economic, financial and political influence increasingly. Gerard Lyons, chief economist and Group president of global Research at Standard Chartered Bank, said: "The past ten years can be used in three words to express ' Chinese manufacturing (made in China ')." The next ten years will ' belong to China '. "China holds a large share of U.S. debt, while also buying government bonds from Greece, Portugal and Spain in Europe, achieving a diversification of the dollar-led allocation of foreign exchange assets."  Analysts say the move reflects China's good financial sense.  In the past 1 August, China has entered a new stage in the global economy and has begun to hold a fair say in its role as an indication of China's superpower status, according to the Fox News Network, a forex expert. The report also said that with China's "Twelve-Five" plan in 2011, this would be a significant opportunity for advanced economies such as the UK, where exports of high-quality goods to China would increase. For example, 2010 Rolls-Royce cars sold in China set a new record. Gerard Lyons said: "We need to recognize the importance of China, we need to sell and invest in China." Rolls-Royce's strength reflects China's demand for the luxury goods market, and China is the most important engine of growth. ”
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