CHINA $1T OVERSEAS INVESTMENT

I was like WOW! $1T is not a small amount, guys, I was like come on… Just like the title, Li Ke Qiang, Premier of China stated that China would invest more than $1 trillion overseas in the next 5 years.

The Basis

Not only the $1 trillion overseas investment, Premier Li also added that the country will most likely import commodities those worth more than $10 trillion during the period. Even though China’s economic growth has slowed, growth volume is increasing annually. For as long as China’s annual economic growth remains above 6.5 percent in the next few years, the target of becoming a high-income country by 2020 can be achieved.

Funding Help for Other Countries

The condition, for sure, will provide more opportunities for the world. As China has the technology and cost advantage, Premier Li advised that China and Central and Eastern European countries build up the cooperation on their inter-land connection projects.

With those advantages, China can help Central and Eastern European countries to fund the infrastructure upgrade in transportation, electricity, industrial equipment, etc, with notes that they use Chinese equipment and products.

Central and East European countries need to upgrade their infrastructure to improve production efficiency after the European debt crisis. As part of the Belt and Road Initiative, it requires Central and East European countries to become a logistics center and economic corridor to widen the strategy in Europe.

Not only the Central and East European countries, but also other countries too, such as ASEAN countries. Based on the statistic, currently China has not been the biggest investor in ASEAN, but still, China contributes a lot of money in it.