This is an absolute reality. Currently China has an annual GDP of nearly $11 trillion. On this base, even by conservative estimates, China is likely to grow by 6.5% annually. That implies an annual accretion of $715 billion each year to the global GDP pool. The world economy has an overall GDP of $70 trillion per year, which may at best grow by 2.3% in 2016. That is a global GDP accretion of $1.6 trillion. Effectively, in the coming year, half of the global GDP growth will come from China. If the world needs to grow at a quicker pace, the real push will have to come from China and that is why China becomes so critical to the global economy. Remember, the US contributes about 25% to world GDP growth and India will contribute 10%. That still leaves China as the virtual determinant of global alpha.