China will soon be the world’s largest economy and is a state-capitalist nation meaning that the government controls the largest part of the economy. Unlike free markets, that means that finance is necessarily a critical tool of government. In China though, major corporations are a tool of government and so if we’re moving to a world where China is going to be dominant economy, by definition finance will be their weapon.
Ian Bremmer — China will soon be the world’s largest economy and is a stat
Founder of Eurasia Group & Political Risk Expert