While Chinese overseas investments were historically thought to be strategically based on China's hunger for natural resources, 2012 has brought a variety of transactions, from Shandong Heavy Industry's buyout of Italian yacht maker Ferretti, to Shanghai Bright Food Group's investment in England's Weetabix breakfast brand, and most notably, in the US, where Dalian Wanda purchased the AMC movie theater chain. These investments in Western economies have tangible economic benefits for all parties involved and should be welcomed, not blocked. It is important for the US as a whole to recognize the benefits that can ensue from Chinese overseas investment, ranging from job creation to increased tax revenues and improved infrastructure, as well as the ability to access the world's second-largest economy with US exports that reached $103.9 billion in 2011, according to the US-China Business Council.