This sea road to Shanghai, the jet to Xian

China: a sub-Imperial Ally

China will remain top investment destination: experts at WEF 2022. Marcos Troyjo, president of the New Development Bank, said on Monday that China is like a magnet to attract investors and create opportunities for emerging markets and developing countries. He projected 5 percent GDP growth for China in 2022.

 "China will keep being one of the top destinations for foreign direct investment (FDI) for a long time to come. It has always maintained a high level of opening-up, welcoming FDI and bolstering the world economy," said Troyjo at WEF.

He said that China would remain at the forefront of economic growth for years to come, considering the structural shift in China's economic growth model, where a lot of opportunities would be generated in terms of boosting supply and value chains in the world.

China will never be abandoned by foreign capital, as it is a large investment market with 1.4 billion people, Dong Dengxin, director of the Finance and Securities Institute of the Wuhan University of Science and Technology, told the Global Times on Wednesday.

He added that China enjoys a stable sociopolitical environment, and its well-developed supply and industrial chains as well as mature industrial labor force can meet the needs of any investment project in the world. https://www.globaltimes.cn/page/202205/1266563.shtml

Foreign businesses stay true to the Chinese market

China’s $163 billion in inflows last year, compared to the United States’ (US). The UNCTAD has released an updated report that shows China’s attractiveness as a destination for investment with its 1% GDP growth rate which is expected exceed 3%. The US had attracted 134Bn USD worth of capital while China managed 140Bs between 2019-2020. https://largestandbiggest.com/business/which-country-is-the-largest-investor-in-china/

Which country has the most investors?

Rank     Country                           Date of information
—           European Union             31 December 2016 est.
1             Netherlands                     31 December 2017 est.
2            United States                    31 December 2017 est.
3             United Kingdom              31 December 2017 est.

How much foreign investment does China have?

China is quickly becoming the most popular place in Asia to invest your money. The country attracted $163 billion dollars last year, compared with America’s total inflows of $134B and that number only increased by 2019 when they received over double at 251 Billion USD outflows from China while U.S.’s arrivals grew even more drastically up until now coming closeily towards 500 B/. These statistics don’t seem so surprising considering how many people live within these borders but what does? And why do you think there would ever be such drastic differences between countries who have been living side-by-side since forever duelling which one can call home.

What is China investing heavily in?

Mining and oil remain the primary focus of China’s investments. However, it’s clear that the country is not afraid to invest in sectors outside this market- even infrastructure or food processing!

How much does the US invest in China?

China is investing more in the U.S., but it’s still not enough to keep up with our economy. In 2018, their holdings were valued at just over $1 trillion dollars and they’re down by about 4%.
Which country invests most heavily into China? The answer may surprise you: Japan! So while there have been some reductions recently due mostly from market fluctuations rather than any drastic changes being made within Chinese policymaking circles-it seems likely this trend will continue as long as things stay calm on both sides of Pacific Ocean.

Why is China an attractive market?

In a country with more than half of its population under age 24 and an average annual income that’s still just around $10,000 USD per capita despite growing by nearly 10% annually in recent years. The Chinese market has become increasingly attractive to Western businesses across a variety of industries over the last decade because it offers these benefits:
A fast-changing culture due largely from rapidly advancing technology A rising economy where consumer spending accounts for 60%-65% GDP Growth rate >9%. This means there will be huge increases not only in consumption but also investment opportunities within this emerging superpower!

https://www.nakedcapitalism.com/2022/04/china-a-sub-imperial-ally-of-the-west.html

Paul Jay
Before I go to Michael and you can expand on this if you want, Michael. I want to say something I said in the first segment what Patrick is saying, although he might disagree with me. I don’t think so. Nothing China is doing compares to what the United States and the West does.

Patrick Bond
I’ll agree with you and say that the Western colonial powers, the European powers, came in and totally looted and wrecked Africa and divided it up. Then the United States in the post-war era. The Western model is something that China hasn’t broken with but has amplified. That’s the whole point. This is, let me call it, sub-imperialism because it fits within imperialism. Sometimes it’s inter-imperial rivalry at stake like the Cold War, Soviet Union, and the U.S. We’ll see Africa becoming a site where competition for those raw materials for fossil fuels will continue between the West and China. The overarching approach is exactly what Xi Jinping told the World Economic Forum. Quote, “We must remain committed to developing global free trade and investment and promote liberalization.” And that’s a very dangerous thing for a weak continent like Africa.

And he adds: Patrick Bond
I’ve got to disagree with you in the most comradely way, Michael, because we really are getting down to the question, does Beijing’s role in multilateralism and world finance present an alternative, as you posit, or as I would argue, an amplification of the worst features? So let me just throw a couple of quotes at you. I think Barack Obama when he was interviewed by The Economist magazine in 2014. The Economist interviewer said the key issue is whether China ends up inside the multilateral financial system or challenging. That’s a really big issue of our times. I think Barack Obama, quote, “it is. And I think it’s important for the United States and Europe to continue to welcome China as a full partner in these international norms.”

So really, I’m going to argue quickly that China has been assimilated into the IMF. It’s not just the yuan becoming one of the reserve currencies. It’s not just that there’s one corrupt criminal IMF managing director after the other. I’m not exaggerating. [Alexis] Rodríguez-Rata, the Spanish leader, is in jail now. Dominique Strauss-Kahn was accused of raping a hotel cleaner in New York and had to resign in 2011. The successor was Christine Lagarde, who was prosecuted successfully for doing a deal with the Adidas chair to fund the French Conservative Party. She was brought to the IMF after the conviction, and nothing happened. The Chinese voted in favour of keeping her on. Or Kristalina Georgieva, the current IMF managing director, who was just implicated a few weeks ago in manipulating data on behalf of China when she was a top World Bank official.

One after the other, Michael, we’ve had IMF managing directors of the lowest calibre. World Financial, we have a name here, Tsotsi, low-level criminals. Yet China continues to support the leadership and never puts a challenge up again and again when there are elections. Wouldn’t China, with Russia, with Brazil, with India, with South Africa, with other emerging countries, say it’s time to get rid of it, of the Europeans only?

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Later I will put together the Russia China angle from the Sub-Imperialist view. Sitting in San Francisco - a Sub-Imperial ruin today, empty office towers, small business destroyed and crime gone amok with the City enabling open air drug use a few blocks from City Hall. And worse from my view is every live performance indoors -Opera, Symphony, Ballet, Dance, Theater, visiting exhibitions with few exceptions require PROOF of Aryan status to attend with the Vax ID and THEN yes, darlings you must mask.