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This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here.

China is moving from global exporter to investor, right into regions the U.S. is eyeing.

As U.S. President Donald Trump this year intensified U.S. influence on Venezuela, Iran and Greenland, one of the immediate concerns on the Chinese side was its local investments.

Speaking at Davos on Tuesday, Chinese Vice Premier He Lifeng urged global leaders to provide a fair and predictable environment for Chinese businesses operating overseas.