Introduction

Acronyms

AIIB Asian Infrastructure Development Bank

BRI Belt and Road Initiative

EMR emerging markets report

ICBC Industrial and Commercial Bank of China

GFC Global Financial Crisis

MOFCOM China Ministry of Commerce

NDB National Development Bank

OFDI Outward Foreign Direct Investment

R&D Research and Development

SGCC State Grid Corporation of China

S&T Science and Technology

UNCTAD United Nations Conference on Trade and Development

VASs Valued-added services

M&As mergers and acquisitions

VC venture capital

There is no hyperbole in stating that China has rocketed to the forefront of the world economy since the 2008 Global Financial Crisis (GFC). As many countries treaded carefully and turned inward to find surer financial footing, ...

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