China Outside China

In 2025, China invested in manufacturing hubs and data centers in Asia, mining in Latin America, and energy projects in Africa and the Middle East.

China’s growing distrust of the West is showing in its investment playbook.

Only 2.6% of China’s total foreign direct investment announced in 2025 went to North America, according to data from the independent research provider Rhodium Group. This is significantly lower than 27% a decade ago.

The data reflects all FDI transactions with a value of more than $5 million across all sectors. In 2025, the automotive sector lost steam, while investments in data centers, raw materials, and consumer goods took the top spots.