While at first glance this seems to be a silly thing to do, keep in mind that most LARGE emerging market companies (the ones the emerging market funds hold) do a lot of business in the US in US$. (canadiancapitalist.com)
In our view, any decision on monetary policy normalization will have to take into account some of what is happening outside of America's borders, including the hazy economic outlook for China, the slowdown in other large emerging markets and the uncertainties that continue to plague the eurozone. (us.beyondbullsandbears.com)
Lately, Nike said the subsequent 5 years including large emerging markets including China, will be around ten % annual sales growth rate. (automobiles.com)