China’s Global Investments: Data and Transparency Challenges

During the past 20 years, the People’s Republic of China (PRC or China) has significantly increased its investment overseas. In 1999, China launched its “Go Global Strategy” to support the expansion of Chinese firms abroad and make them more globally competitive.

Since then, these firms— many of which are closely tied to the PRC government— have acquired foreign assets and pledged billions of dollars to finance infrastructure abroad. Many in Congress and the Biden Administration are focusing on the critical implications of China’s growing global economic reach for U.S. economic and geopolitical strategic interests.