Infographics: how China’s investment is starting to grab the world

china overseas projects

 

 

Think of these questions: who is now building the highways in a lower-middle-income African country? Who is now building oil terminals in a country long imposed with economic sanctions by United States and its allies? Who is now assembling satellites, or any high-tech paraphernalia, for a resource-rich country with limited well-trained manpower? And who is now buying up companies back in Western countries, when in fact no developed countries are adequate of cash, struggling with their own debt ceilings and increasingly heavy social-security burdens?

The recent research conducted by The Heritage Foundation, an American conservative think-tank based in Washington D.C., has revealed one surprising fact about the current superpower’s largest rival: China is now the answer for all the questions above. And, as we can see in the image, the total amount of money Chinese enterprises, either government- or private-owned, has poured in the last 8 years, is now soaring to nearly 700 billion US$, practically tantamount to the sums by which then-President George W. Bush budgeted to rescue the ailing US economy back in 2008.

The presence of ‘Chinese money’ itself has been significantly heartfelt everywhere, whether it is under the well-asphalted wide-lane highway network in African countries, petrochemical industrial zones in any Middle Eastern or any oil-rich countries elsewhere, or even within the huge rows of apartment towers being constructed in emerging markets’ major cities. And what can the US government learn from this brand-new phenomenon?

 

Read the full reports on The Heritage Foundation.

Bonus: you can find out the full list of Chinese business projects overseas – all in all up to 800, scattered in hundreds of countries, and compiled from 2005 to 2013 – by downloading the Excel file here: China-Global-Investment-Tracker2013

 

Note: the file itself is created by The Heritage Foundation.

A costly romance epic titled ‘China and Africa’ (maps)

Pictures worth 1000 words, thus save my energy in describing the enigmatic love story between the two giants.

China's grab on Africa

 

 

China's interest in Africa

 

 

China's investment offers in Africa

 

 

China's planned projects in Africa

 

 

china's projects in DRC

 

Ugly rumor: Chinese companies are making use of extensive labor force (often with low pay and pot-luck safety guarantees) in Democratic Republic of Congo. Don’t say that’s another conspiracy theory formulated by the Americans.

 

China hydroelectric projects in Africa

 

 

China projects in Africa

 

 

Unsatisfied? Click this link (and the last reference to satisfy your information thirst).

Heavenly hotels in hellish countries

 

Above: Serena Hotel in Kampala, Uganda (Joseph Kony’s beloved country)

Many people might consider the bizarre idea of Aga Khan, one of the direct descendants of Muhammad the Prophet, spiritual leaders of more than 10 million Ismaili Muslims, followers of Shi’a Islam, to establish a chain of 5-star hotels and resorts in war-ravaged nations, simply ‘bizarre’. Serena Hotels, so-called ‘Ritz Carlton for the failed states’, have so far built hotels in Afghanistan, Pakistan, Uganda, Mozambique, and a few countries in Africa and Asia, each of which successfully garners high annual turnover. Despite political instability, the hotel group manages to keep on growing, and as of the end of 2011, their assets have surpassed half a billion dollars (as a matter of fact, a night’s stay in Serena Hotel Kabul will cost you almost 360 dollars).

For sure, however, all of these hotels are not prone to guerrilla attacks, or any forms of violence. One of its hotels in Kabul was the witness behind the bloody siege by Taliban insurgents, which ended up in a brutal military crackdown that resulted in dozens of deaths, in the troops’, insurgents’, and the visitors’ sides, and massive destruction to the entirety. Conclusion? The war may go on, but so will the business. Nobody can’t wait longer for more bucks.

 

Read it at Foreign Policy.