ABSTRACT

Tracking China's Global Economic Activities: Data Challenges and Issues for Congress [Updated July 14, 2020]   [open pdf - 1MB]

From the Summary: "The People's Republic of China (PRC or China) has significantly increased its overseas investments since launching its 'Go Global Strategy' in 1999 in an effort to support the overseas expansion of Chinese firms and make them more globally competitive. Since then, these firms--many of which are closely tied to the Chinese government--have acquired foreign assets and capabilities and pledged billions of dollars to finance infrastructure abroad. As a result, many in Congress and the Trump Administration are focusing on the critical implications of China's growing global economic reach for U.S. economic and geopolitical strategic interests. Some analysts see these Chinese activities as primarily commercial in nature. Others contend that the surge in global economic activity is also part of a concerted effort by China's leaders to bolster China's position as a global power and ensure support for their foreign policy objectives. There is also growing concern about the terms of China's economic engagement, particularly over the ways that Chinese lending may be creating unsustainable debt burdens for some countries and over how much of China's lending is tied to commercial projects and Chinese state firms that benefit from the investment."

Report Number:
CRS Report for Congress, R46302
Author:
Publisher:
Date:
2020-07-14
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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