The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Opinion & Features

SUBSCRIBERS

US isolationism paving way for China expansion

With its huge overseas investments, China will get a bigger role in setting global rules in trade, climate change and finance from Trump's withdrawal from the world stage.

Published Mon, May 1, 2017 · 09:50 PM
Share this article.

SINCE taking the helm, Donald Trump has pulled the US out of the Trans-Pacific Partnership, leaving the world open to further Chinese economic expansion. China's rise on the international stage is also buttressed by the blistering growth of its investments and infrastructure projects around the world.

The year 2015 was a momentous one. For the first time, Chinese overseas investments overtook foreign investments flowing into China. This switched the China story from foreign investors flocking to invest in China to Chinese investors going out to invest in various countries, including Singapore.

This upward trajectory was maintained last year. Chinese overseas investments rose to US$170.1 billion in 2016, up 44.1 per cent from 2015 and more than do…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Columns

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here