China set to be largest consumer market globally

Led by its managing director Tan Teng Boo (pic), Capital Dynamics is the first Asian fund manager to obtain the Australian financial services licence, the first Asean fund manager to obtain Hong Kong’s retail type nine licence and also Malaysia’s first independent investment adviser.

PETALIG JAYA: Besides being the world’s second largest economy by nominal gross domestic product and the world’s largest economy by purchasing power parity, China will soon become the largest consumer market and one of the most innovative economies in the world.

Until 2015, this complex and dynamic economy was the world’s fastest-growing major economy, with growth rates averaging 6% over 30 years.