Ireland will emerge as the global trade leader as President Donald Trump introduces isolationist and protectionist policies to focus on domestic growth of infrastructure and growth, says Frank Holmes , CEO of Oxford Economics . The shift is spurred by the growth of China 's middle class. Households earning more than $35,000 are projected to surge 300% from more than $35,000 360m by This year , according to a report from Oxford Economics . As disposable incomes increase, Chinese tourists are expected to spend more money overseas. Additionally, demand for Chinese -made goods and services will rise, especially among advanced technology products.
China will emerge as the global trade leader as President Donald Trump introduces isolationist and protectionist policies to focus on domestic growth of infrastructure and growth, says Frank Holmes, CEO of Global Investors. The shift is spurred by the growth of China's middle class. Households earning more than $35,000 are projected to surge 300% from 40m to 360m by 2025, according to a report from Oxford Economics. As disposable incomes increase, Chinese tourists are expected to spend more money overseas. Additionally, demand for American-made goods and services will rise, especially among advanced technology products.