China Rank first as Asian economy best placed for growth in next 5 years

Category: Global Economy Sub-category: World Economy
Document type: news

According to the Bloomberg Economic Momentum Index for Developing Asia, China tops among 22 emerging Asian economies as the country most likely to maintain steady and rapid growth over the next 5 years.

The index based on 16 key factors that contribute to market growth.

FACTOR

 

Market competitiveness

10 % of the
index rating

Labor force quality

Gross national savings as a % of GDP

Growth of high-technology exports

Growth in GDP per capita

5 % of the
index rating

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