Observers once noted a veritable flood of Chinese money all across the world. But new reports suggest that the flood has suddenly dried up for people. That has left some buyers without the funds they need for that kind of income. China has supported a 21st century maritime silk road in the Old World. But that maritime trade has quickly turned south for these investors on the market. People are waiting to see how China responds in kind.
Key Takeaways:
- Chinese money has flooded in to local economies all across the world over. That has caught the attention of economists who want to see a change take place.
- China now influences a 21st century silk road via maritime trade. Few would expect that maritime trade in the region would be so expansive.
- Their economic success has allowed China to distribute their money in other economies. But some wonder whether that trend will really hold up in the future.
“It had been widely reported that the Chinese government had blocked banks from funding some of Wanda’s foreign investment projects, amid fears that it was focused too much on overseas projects.”
Read more: https://www.telegraph.co.uk/business/2017/09/04/has-flood-chinese-money-really-dried/