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"Cities in the Yangtze River Delta often have a temperature of around -10 C in winter," he said. "Because of the high humidity of the air, people feel that it's even colder than the actual temperature is."

"China's strong performance on the Midas List demonstrates that the country is continuing to produce a number of high-growth and highly-valued companies. While sometimes unknown in the US, these businesses can become globally significant, such as with Bytedance, the owner of popular app TikTok (known as Douyin in China), and they generate returns any venture capitalist would desire," added Konrad.

"China's involvement with hydropower projects overseas has been developing rapidly in recent years in both scale and amount," said Wei Hanyang, a power market analyst with Bloomberg New Energy Finance.

"China's economic fundamentals are better than in 2015 and 2016 and the yuan has got rid of unilateral fluctuations," said Dai.

"Creating long-term productive assets requires wise and patient capital - a difficult challenge, and this is the reason that there is such a vast global deficiency in infrastructure investment. So Chinese capital and know-how are very important to fill this gap," he said.