Drawing on the insights of BlackRock’s investment professionals, we assess the economy’s state of play and give a framework for understanding its challenges. The map and statistics below show just how important China has become for the global economy.
Selected Chinese and global metrics, 2013-2016
Sources: BlackRock Investment Institute, World Bank, European Commission EDGAR, eMarketer, BP, OICA, EIA, Thomson Reuters and IMF.
Notes: the GDP and e-commerce data are for 2016, with GDP based on IMF forecasts. Population, oil consumption, exports, GDP growth share, car production, market capitalisation, cellular subscriptions, internet users and military expenditure are based on 2015 data. Metals imports, CO2 emissions and life expectancy are based on 2014 data. China highspeed rail distance are based on 2016 reports by China Railway Corp. US high-speed rail distance are based on sections of the Acela Express where speeds exceed 120 mph. China’s first aircraft carrier was reported as combat-ready in late 2016.