- NBR - The National Bureau of Asian Research

China Investment

NBR’s research examines the trends, drivers, and implications of the challenges and opportunities presented by China’s new role as a global investor. Initiatives include:


From more information, please contact:

Clara Gillispie
Director of Trade, Economic, and Energy Affairs (TEEA)

China’s Outward Investment: Challenges and Opportunities

To address the need for comprehensive analysis of the trends, emerging actors, strategies, and economic and strategic implications of China’s outward foreign investment, and how the global financial crisis might impact China’s decisions and influence, The National Bureau of Asian Research proposes to launch a research initiative to assess these important aspects of China’s integration into the global economy.

Understanding China's New Sovereign Wealth Fund

Given the stakes involved for the United States and China, as well as for the global economy, it is important that the policy community is as well informed as possible about sovereign wealth funds in general and the Chinese SWF in particular. To that end, NBR Next Generation Fellow Michael Cognato provides analysis of the political and economic debates that led to the formation of CIC, outlines what is known about the corporation’s investment objectives and management structure, and details the domestic and foreign investments that CIC has undertaken to date. He also examines some of the specific concerns that have been raised about the potential risks posed by CIC to U.S. national interests and draws some preliminary conclusions about their validity.

"Going Out": China's Pursuit of Natural Resources and Implications for the PRC's Grand Strategy

China faces a growing need to secure natural resources and raw materials, most notably energy and minerals. This need has driven Beijing to expand overseas trade and investment at a rapid pace even in areas where China's presence has traditionally been comparatively limited. The need for resources is accelerating China's emergence as a truly global power, and its pursuit of natural resources is affecting the country's grand strategy in various ways. China’s massive market and increasing ability to invest overseas are also providing Beijing new sources of political leverage with which to pursue the country’s grand strategic objectives. An essay by Aaron Friedberg explores China's intensifying pursuit of natural resources and implications for Beijing's post-Cold War grand strategy.