The West shouldn’t fear Chinese cash, but welcome the peace dividend

The trend in advanced economies of closing up to Chinese foreign investment has accelerated during the economic downturn from the coronavirus pandemic.There is a fear among Australian, Japanese, European and other policymakers that cashed up Chinese companies will scoop up their distressed assets in a fire sale and take ownership of critical infrastructure, data and other national assets.Direct investment from other countries will also be discouraged, with technical and political difficulties…

Read the original article at South China Morning Post