Red capital sweeps the world. China's lavish spending shocks the world (Photo)

Red capital sweeps the world. China's lavish spending shocks the world (Photo) On November 9, Chinese President Xi Jinping met Russian President Vladimir Putin at the Diaoyutai State Guesthouse in Beijing...

Will China buy the world? Since last year, for the first time, China's investment in the United States has surpassed the United States' investment in China. China's investment in emerging markets, Africa, and Latin America has attracted even more attention. Especially in the recently concluded Asia-Pacific Economic Cooperation (APEC), China has vigorously promoted the "One Belt, One Road" initiative, established a US$40 billion Silk Road Fund, and established the Asian Infrastructure Investment Bank. It has spent a lot of money abroad, and the saying that "red capital is sweeping the world" has spread like wildfire.

According to a report by the American Chamber of Commerce in April this year, China's investment in the United States exceeded the amount of U.S. investment in China for the first time in 2013, including a series of landmark mergers and acquisitions by Chinese companies in the United States.

In addition, including China's "high-speed rail diplomacy" that foreign media have focused on, as well as nuclear power and financial cooperation that have not attracted much attention, Chinese-funded projects can be seen in emerging markets such as Cambodia, Myanmar, and Laos; not to mention that Chinese investment and Chinese-funded companies have become an important part of the economies of Africa and Latin America.

>Britain and India accept Chinese investment

Europe, which has always had a proud attitude, must bow its head. In recent years, Chinese capital has actively participated in European infrastructure construction, and it is expected that China will invest heavily in British infrastructure in the next 10 years. British Prime Minister Cameron had to say: "We are open and welcoming to Chinese investment, which can highlight the economic advantages of both parties." In addition, China and India finalized a five-year economic and trade cooperation plan in September to help India upgrade its aging railway system and other facilities.

China’s good deeds have been praised by the International Monetary Fund (IMF). The IMF recently encouraged more countries to learn from China, invest in infrastructure, improve finances, and drive economic growth.

Some foreign media have likened China's massive "spending money" economic aid measures to the "Marshall Plan" after World War II. However, analysts say that China's layout is far-reaching. "The Marshall Plan was a one-way implementation of the United States on Europe to expand American influence; China, on the other hand, values ​​win-win situations. Most of China's money is spent on the Silk Road Fund, the BRICS Development Bank and the Asian Infrastructure Investment Bank to bring more countries together."

Analysts said that in layman's terms, China's money is not given in vain, and although it does not rely on the money to make a fortune, it is still a commercial behavior.