Energy, data centers and resources drive overseas spending in Asia, Africa
An ariel view of the Simandou iron ore mine, operated by Rio Tinto and its partners in Guinea. Chinese companies have also begun tapping the world’s largest untapped high-grade iron ore deposit in the West African country. © Reuters
PAK YIU
February 4, 2026 23:00 JST
NEW YORK — Chinese investment overseas jumped 18% in 2025, driven by energy and basic materials, as the world’s second-largest economy accelerated a shift away from Western nations and toward Africa and the Middle East.