Mind the Tech 2019
The U.S.-China Tension Will Not End Soon, Says BlackRock Executive
Wei Li, head of EMEA investment strategy for BlackRock, spoke Thursday at Calcalist’s third Mind the Tech conference in London
The past year has been a very good year economically, Li said. When considering the economies of both countries, it is apparent that China will soon become the first superpower, as its growth accounted for a third of global growth in recent years and it is expected to pick up even more significantly after 2025, she said.
China must have a place in every multinational investment portfolio, and many indices have already come to that realization and started including China, Li said.