With a population of 1.4 billion, China boasts a $17.6 trillion GDP which has been growing at 8.5% over the past five years. With its size and rate of economic growth China’s global economic significance rivals that of the United States. Over the past 15 years, China has also been the world’s most significant purchaser of U.S. Treasuries, in the process becoming our nation’s largest creditor. China’s continued presence as a buyer has perpetuated a weaker Renminbi and lower U.S. interest rates, both of which are favorable outcomes for China and for dollar-denominated asset values.