Mainland China's Global Investments
- Investment seems to be influenced more by a country's resources than its wealth.
- Rich countries seem to generally attract investment in real estate,
transport, and finance, while poorer countries attract investment in energy and metals.
- While real estate and finance play a big role in investment for the U.S. and U.K., China's greatest investments
in other rich countries like Australia, France, and Norway are in energy.
- China's top global investments are in energy, metals, and transport.
- CIC (China Investment Corporation), a sovereign wealth fund, invests heavily in real estate. Finance/Real Estate/Shipping
- CNPC (China National Petroleum Corporation), a major oil and gas corporation. Energy
- Sinopec (China Petroleum & Chemical Corporation), a major oil and gas corporation. Energy
- HNA (HNA Group), a conglomerate involved in hotels,
shipping/logistics. Real Estate
- Chem China (China National Chemical Corporation), a state-owned chemical company. Chemicals
- CNOOC (China National Offshore Oil Corporation), a major oil and gas corporation. Energy
- State Grid Corporation of China (State Grid), a state-owned electric utility corporation, the largest in the world. Energy
- SAFE (State Administration of Foreign Exchange), a foreign exchange regulatory agency. Finance
- Chinalco (Aluminum Corporation of China), a multinational aluminium corporation. Metals
- Tencent, a multinational technology company. Technology
- Donald Trump's trade war with China began at about
mid 2017, which correlates
with the sudden
decline in China's global investments (primarily in the U.S.) from 2017 to 2019.
- Covid-19 decreased global investment
by almost half
during the first half of 2020, which helps explain the extra steep decline from 2019 to 2020.
- Energy was the worst performing sector in 2020, and since a huge amount of China's global investments are in energy, it makes sense that their global investments declined so rapidly.