When it comes to competing on the world market, China is tops, finds a group that tracks nations’ abilities on the economic front.
The “world market power” index was issued by the group, the multinational Spanish banking outfit Banco Bilbao Vizcaya Argentaria, as part of its research project on Emerging and Growth-Leading Economies.
And topping the list of can-do nations: China.
“China shows the highest value not only among emerging economies but also when considering all the sample,” the report read.
“China holds the largest share among emerging markets in the sample for nine out of 18 industries, including all manufacturing groups except food — surpassed by Brazil.”
The top seven on the list were China, India, Indonesia, Brazil, Russia, Turkey and Mexico.
• Cheryl K. Chumley can be reached at cchumley@washingtontimes.com.
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