1、 https:/crsreports.congress.gov February 7, 2022Chinas Global Investments: Data and Transparency ChallengesDuring the past 20 years, the Peoples Republic of China (PRC or China) has significantly increased its investment overseas. In 1999, China launched its “Go Global Strategy” to support the expan
2、sion of Chinese firms abroad and make them more globally competitive. Since then, these firmsmany of which are closely tied to the PRC governmenthave acquired foreign assets and pledged billions of dollars to finance infrastructure abroad. Many in Congress and the Biden Administration are focusing o
3、n the critical implications of Chinas growing global economic reach for U.S. economic and geopolitical strategic interests. International analysts are divided on the nature of Chinese activities. Some argue that these activities are primarily commercial. Others contend that this surge in global econ
4、omic activity is largely directed and funded by the state as part of a concerted effort to bolster Chinas position as a global power and support PRC industrial and foreign policy objectives. A number of U.S. policymakers also have grown concerned about the terms of Chinas economic engagements and ho