Wednesday

Where China is investing


The Heritage Foundation has pulled together a fascinating study of Chinese investment -- showing (with really nice charts and maps!) just where all of those yuan are heading overseas.

A few things to note, plus one question....

Sub-Saharan Africa is the biggest single region for investment for the Chinese. (Plus, $36.4 billion is a lot of investment in a region whose total GDP is $744 billion.)

China spends the most money in Africa in the Democratic Republic of Congo. The resource-rich country is one of the very few on Earth whose economy has actually shrunk in the past 20 years (due to a brutal civil war).

For every dollar of U.S. investment, China spends 51 cents in Iran.

China invests nearly twice as much in west Asia as in east Asia -- a testament to its need for resources, more so than products.

China spends more in Australia than any other single country.

Why is China spending so much in Greece? Shipping?

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