HONG KONG -- Chinese and U.S. overseas investment is diverging further, increasing the likelihood that the global economy will divide into "two blocs" centered on the rival superpowers, economists say.
Economists see 'blocs' developing as Chinese money pours into emerging markets

China has been pumping money into emerging markets, and experts believe the global economy will continue coalescing into two blocs over the next four years under U.S. President Donald Trump. (Nikkei montage/Source photos by Reuters and Akira Kodaka)
HONG KONG -- Chinese and U.S. overseas investment is diverging further, increasing the likelihood that the global economy will divide into "two blocs" centered on the rival superpowers, economists say.