The 20th century was a very eventful period of time. The first half of this century was dominated by globe spanning wars that were fought between global powers. There were not one but two world wars fought in a span of just fifty years, but after these wars subsided suffice it to say that things started to settle down. There were two dominant ideologies that were battling it out during the latter half of the 20th century, namely capitalism and communism, and they were both supported by their respective superpowers which were the US for capitalism and the Soviet Union for communism.
By the end of the 20th century, the US managed to successfully take advantage of social unrest in the Soviet Union and contributed to the breaking up of the former superpower. That left the US as the sole superpower for a good long while, but you need only click here to learn that a new potential superpower has entered the fray. China has been rising so rapidly that some are assuming it will overtake the US in just five years, so it stands to reason that you would want to invest in the country so that you can try to build wealth.
There are some really amazing and prominent businesses that are booming in China. Smartphone production has long been a mainstay of Chinese industries, but the Chinese nation is also starting to develop its own amazing smartphone brands instead of just manufacturing them for others. Another area of business that is exploding is that of social media, and that can be seen in the example of TikTok which has pretty much taken over the wider market.