The risks and the rewards

China's growth over the last five to 10 years has been very strong. Historically, this has caused bubbles in inflation leading to rising interest rates and pain for investors. Now, however, China's economy is enjoying a period of greater stability with its prudent financial management and improved command over domestic, fiscal and monetary policy responsible for a sustained period of non-inflationary growth. Although risks remain, the rewards for investing in China outweigh the risks. In recent years, because of its rapid growth, China has become a major player in global markets, both from...