Chinese Ownership: It can be a bit of a mixed bag…
From Marco Polo’s reports of Chinese grandeur to naval dominance under Zheng He, tales of the vaunted Middle Kingdom have fascinated and tantalized merchants from far-flung nations. While today’s China differs from its past iterations in many regards, its prowess in trade and commerce persists. What’s more, economists predict that China’s torrid growth should continue, with annual economic growth of 7 to 8 percent through 2030.[note]Cheremukhin, A., Golosov, M., Guriev, S., &