Chinas economy

As China's economy continues to grow, Chinese companies are flooding the U.S. IPO market. Six of the nine companies scheduled to go public on U.S. exchanges this week hail from China, and one Taiwanese company is also planning its debut.

A China expert explains that overtaking Japan doesn't alter the underlying economic issues China must resolve, but it does cement changes that have been rapidly making China a far more important player on the global stage.