Title:

 Rising Dragon: What Lies Behind China’s Multi-Billion Global Investments

Author:

Sputnik News

Source:

Sputnik International

Date:

March 1, 2016

Description:

The Chinese government has invested hundreds of billions of dollars into soft power which is one of the priorities in country’s development. Despite the fact that Beijing still falls short of the US and Europe in promoting its culture abroad some significant progress has been made.