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The CCP seems to factor this into at least some of their decisions. Their infrastructure projects (like any infrastructure projects) take years, sometimes decades, to pay off, but boy howdy do they pay off.
They also pay off in a lot of ways besides the pure "dollar in/dollar out" kind of way that I think people forget about a lot. Things like soft power, economic growth, and cultural alliance are all incredibly powerful things.
Its a shame the current administration is trying to gut the last 80 years of work the US has put into those things.