Nikkei Asia's Headline on China's Investments in SEA |
Here are some of China’s curent and upcoming Investment Projects around some South East Asian (SEA) Countries:
* Malaysia: The Chinese Company Risen Energy will invest Usd 10.1 billion in Malaysia’s Photovoltaic Industry
* Laos: China will fund a 580 km Highway in Laos worth Usd 5.1 billion
* Vietnam: From January to April of 2021, China has invested in 61 Projects in Vietnam worth around Usd 1 billion
This creates a vicious, sort of Self-Fulfilling Cycle of “Attack-Fail-Blame-Attack Again”. But despite that, some of China’s Projects are pushing thru, like they have gifted us 3 Bridges already, 2 in Manila, 1 in Davao.
And some of the Projects they are helping fund are moving forward. Also trade between China and the Philippines continues to grow.
SOURCE: China outspends US in ASEAN Investment Blitz {Archived Link}
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