China

WHAT'S NEXT?: Any disruption in economic activity between China and the United States will necessarily affect other Asian and world economies. How China handles Donald Trump's administration, its relationship with Russia and develops its leadership ambitions will be key areas to watch intently in the coming years.

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• [New] A major drawdown of US military forces in the Gulf could create a vacuum that China will want to fill.
• [New] China will overtake the United States and become the largest consumer of oil.
• [New] With China and India becoming the new economic powerhouses, new export markets, trade relations, business models and cultural ties will be developed for Australia.
• [New] Strategies for handling possible scenarios with China have not been adequately designed so as to reduce risks when a cycle ends.
• [New] China's share of the world's GDP in purchasing power terms will increase from 16.5% in 2014 to a peak of around 20% in 2030 before declining to around 19.5% in 2050.
• [New] China could conduct a small-scale military operation to expel Indian troops from a contested region in the Himalayas.
• [New] Online game revenue in China is expected to grow from 143 billion yuan last year to 251 billion yuan by 2018.
• [New] China will pay the biggest price from the new United Nations sanctions against North Korea because of its close economic relationship with the country but will always enforce the resolutions.
• [New] A somewhat harder line U.S. approach-coupled to more transparently handle Pakistan's actions-seems far more practical than creating a major crisis that could drive Pakistan into reliance on China.
• [New] China is undergoing a critical economic restructuring and the importance of preventing financial risks and ensuring financial stability can not be overemphasized.
• [New] China is expected to be self-sufficient in organ transplants by 2030.
• [New] Potential wars with North Korea, Russia and China will aggravate an already dangerous economic structure.
• [New] Other powers such as France or China will influence Brexit.
• [New] Overall, currency changes, governmental regulations strained political relationships and booming U.S. home prices are not expected to stop foreign buyers from investing in U.S. residential real estate.
• [New] In China the working age population peaked in 2010 and by 2050 over one-quarter of its population will be over 65.
• [New] Due to increasing job opportunities in Asia-Pacific countries, China and India will show a tremendous development in the global Industrial Furnaces and Ovens market.
• [New] China is expected to continue its dominance of REE production.
• [New] India, China and Japan will require nearly 40 per cent of the world's total infrastructure investment through to 2030.
• [New] India now trails only China and the United States as an emitter of carbon dioxide and its share is expected to grow.
• [New] Higher infrastructure investments in China will cause steel demand to be flat HoH or increase slightly.
• [New] In Asia-Pacific region, China and India are expected to be the fastest growing infectious diseases therapeutics markets.
• [New] Some 2 million smart speakers will likely be shipped in China this year, a fraction of the 14 million in the US; and 22 million will be sold in China in 2022: The China market is expected to grow almost 70 percent year-on-year to 10.07 billion yuan in sales this year.
• [New] China is expected to see growths in its Mobile game market.

Last updated: 11 August 2017