Hard to say. Within 10 years there can't be any immediate consequences simply because even super-prodigy kids won't make any real contributions to anything before age 15 or so, but the financial markets can still price in future returns. On the other hand, scaling up is a huge challenge - even if 100% of East Asian parents wanted to do embryo selection and were willing to pay full price up front and plan reproduction around it, it simply wouldn't be possible because there aren't enough fertility clinics or trained doctors, and they struggle to keep up with regular fertility demand just from the usual aging & demographic transition trends.

Genetics strikes me as probably going to follow Amara's law: everyone is overestimating the effect in the short run ('China is engineering genius babies right now! Panic!') and underestimating it in the long run (I don't know what 2050 looks like, but I have a hard time envisioning a world with access to 30 years of CRISPR and 20 years of genome synthesis which is still much like ours and where the biggest change is that your smartphone weighs a tenth as much and Siri doesn't make any funny mistakes...). For short-term 5-10 year bets, AI is probably more important.