Encouraged by Beijing’s “Go Global” strategy, Chinese firms have expanded into foreign markets to acquire resources and assets while spurring domestic innovation. Overseas investment allows China to bolster its own economy and leverage its economic power to expand its influence abroad.
R&D is the backbone of innovation. It supports the development of new scientific methods, technologies, and commercial goods – all of which can boost economic productivity and raise living standards. After decades of export-led growth, China is increasingly turning to innovation as a driver for its economy.
China is seeking to enhance its domestic capacity for scientific and technological innovation by building a permanent manned space station. Developing further space capabilities can enhance China’s international prestige and enhance its technological prowess.
China’s emergence as a global power is likely to be one of the most consequential factors in twenty-first century international politics. Yet questions persist as to whether China is now a developed country. Learn more about China’s level of development with this ChinaPower exclusive.
ChinaPower hosted its second annual conference on November 14, 2017. The conference featured Senator John Cornyn as the keynote speaker.
To account for the relative performance of larger and smaller nations at the Olympics, ChinaPower has developed a custom metric that determines the expected number of medals a country should earn based upon size. Learn more about our methodology.
China has emerged as one of the world’s largest providers of development finance. Between 2000 and 2014, China extended a total of $354 billion in loans, grants, and other resources to countries across the globe. This feature explores the global reach of China’s development finance, and how this spending intersects with Beijing’s growing political and economic interests.
States can leverage their currency to boost exports and expand their influence in international financial markets. Chinese leaders exercise considerable autonomy over the value of the RMB, yet critics have taken issue with how Beijing uses its monetary policies to promote its interests.
