Last week, it has been proven again that when it comes to trade, China is a heavyweight compared to any Asian country and the world for that matter. MarketWatch reports:

As we look forward, we can expect more changes in how China’s growth is felt. Domestically, we should hear less about outsourced factories and more about China’s growing consumer class. We can also expect China’s closed capital markets to grow in sophistication and internationalize, and its corporations to be more eager to look overseas to expand.
Already China has provided a huge uplift to the capital-market business, as its giant state-owned companies went public. Last year, China led the world in initial public offerings in Hong Kong and Shanghai, and it should be repeated this year after the Agricultural Bank of China Ltd. debuted as the world’s largest-ever listing. China’s banks are now the largest in the world.

This indicates that financial markets in the region are on the rise, and it will also affect global finances the world over.

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