China’s Investments Abroad Grow Steadily in 2024 🌏
Hey there! Have you ever heard about how countries invest money in other countries? 🤔 Well, China, one of the biggest countries in the world, has been doing just that! Let’s find out more about it! 🚀
What Happened?
In 2024, China’s investments in other countries grew a lot! 📈 They invested over $143 billion in businesses around the world. That’s like buying over 14 billion ice cream cones if each one cost $10! 🍦
Where Did China Invest?
A lot of the investment went to countries in Southeast Asia, known as the ASEAN countries. These are places like Thailand, Vietnam, and Indonesia. 🏝️
Which Sectors Got the Investment?
China put money into many different areas like:
- Leasing and Business Services 🏢
- Manufacturing 🏭
- Wholesale and Retail 📦
What About Projects and Jobs?
China also worked on big projects in other countries, like building bridges, roads, and buildings. The total value of these projects was nearly $166 billion! 🛠️
Plus, more Chinese workers went abroad to help with these projects. In 2024, about 409,000 workers went to work in other countries, which is like filling over 5,000 school buses! 🚌
Investing Along the Belt and Road 🌐
China has a special plan called the “Belt and Road Initiative.” It’s all about helping countries connect and trade with each other. Investments in these countries reached almost $34 billion! 💰
Why Is This Important?
When countries invest in each other, it helps everyone grow and get better. It can create new jobs, build new buildings, and make life better for people all over the world! 🌟
Conclusion
China’s steady growth in investing abroad shows how countries can work together to make the world a better place. Isn’t it cool how the world is connected? 🌍❤️
Reference(s):
China says its foreign investment, cooperation remain stable in 2024
cgtn.com
