China trumps the United States as the dominant economic power and will continue to do so in the future, according to a survey by Schroder Investment Management North America Inc., a global asset manager in New York. It rated investors' attitudes toward international investments as a way to provide some guidance for investment managers, and despite the bullish China sentiment only a small percentage of investors say they plan to put money into international stocks.
   China is seen as the country dominating the economic scene now and is expected to maintain its edge for the next 10 years, according to 45% of those surveyed. That compares to 38% who feel the U.S. will retain its status as global economic big dog. When the United States is removed from the equation and China is compared to India, Russia and Germany, China gets top billing from 73% of those surveyed, with India coming in a distant second at 8%.
   Despite that view, only 13% of those surveyed said they now invest in international stocks, including emerging markets, and only 19% said they planned to do so in the next five years. Nearly half, or 49%, plan to invest in conservative CD's, money market funds and savings accounts in the next five years, while 35% say they will invest in mutual funds. The percentage of investors planning to invest in international equities goes up as their education level increases.
   Schroders has $259 billion in assets under management. The survey of 1,000 investors has a margin of error of plus or minus 3%.