QEMU is an emulator, not virtualization. It allows the user to run an OS designed for one type of CPU on a host system of a different type. i.e running Raspbian (ARM Linux) through QEMU on an X64 Linux Host running on an X64 machine.
Virtualization, by contrast, allows the user to run a guest OS designed for the same architecture as the physical hardware. i.e running x64 Linux guest on an X64 host that runs Windows as a host OS.