China seems to be conquering the world without military campaigns. The Chinese don’t threat anybody and don’t wage info wars. They use money as an effective weapon of investing in the rest of the world. How fast China is accumulating their foreign investments?
Let’s try to find it out together with …
China: Investing Anytime And Everywhere
They say China isn’t subject to expansionism. However, its foreign activity seen over the last few years resembles the implementation of a secret plan aimed at “conquering” the entire world. They invest heavily everywhere they can.
First of all, China has reach the current economic power over the last 30 years. During this period, China turned into the world’s second biggest economy. The country corresponds to this status in many aspects, including investment. Previously, China used to invest mainly in Asian economies. A couple of years ago, Chinese investors focused on the West.
In 2008, China invested in Europe and the USA only 3% of its direct investment flow. In 2010, it was 13% ($9.5bn). Chinese companies keep taking over European and American companies. Over the last 5 years, the world has seen over 1500 such take-over activities.
In particular, not so long ago, two oil and gas Chinese companies - CNOOC and Sinopec - agreed to purchase two Canadian companies - Nexen Inc and Talisman Energy correspondingly.
Back in 2005, CNOOC was intended to purchase Unocal, a US oil company, for $19bn. However, the US Congress blocked the sale because they treated it as a threat to national security.
China is expected to increase the amount of direct foreign investments up to $800bn.
USA – China
The USA is definitely worried about China’s recent success, especially as China is the USA’s major economic and political rival, a BRICS member supporting and cooperating with Russia in many fields. More experts say that the US economy is doomed to yield to the Chinese one in a couple of decades.
