The Global Economy's Second Sun

The Global Economy's Second Sun
AP Photo/Andy Wong, Pool

In our solar system, eight planets (sorry Pluto) revolve around the sun. As Stephen Jen and Joana Freire of Eurizon SLJ Asset Management see it, the US economy once served as that sun. The rest of the world, he says, were planets "revolving around, and being influenced by, the gravitational pull of the US economy." Now, a new sun has emerged. For Jen and Freire, "China has become not only big enough, but also the links of its economic ecosystem powerful enough" to pull on other "planets."

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