It is really hard to see, how China won't end up owning everything.
Most manufacturers have relocated their production base to China, the country is completely controlled by the Government, which directly funds all facets of development.
It is difficult to see how they will fail.IMO
In our capitalist system, funding for development generally has to be raised, by tapping the private investors. So it has to be attractive and has to give a return, not so Chinese State owned companies.
The Chinese trade surplus is immense, so they can fund heaps of takeovers, they just have to wait and pounce.
Also Volvo are performing well in the motor racing, who would have thought, boring Volvo group A racing?
What happens when they own our mining assets? What do we sell them, when that happens?
It really is getting scary, but there is no obvious way to stop it, they really do have all the cards.
Maybe we can ask the Chinese, how they're going to fund our welfare system.