fell to $28.4bn over the first half of 2022, down from $29.4bn during the same period last year, according to a study by the Green Finance & Development Center at Shanghai’s Fudan University.
BRI was formally adopted in 2013 as part of efforts by Beijing to expand its influence across Asia, Africa, South America and parts of eastern Europe. But spending has been decreasing since 2017, as a result of China introducing strengthened capital controls and controversies surrounding several projects which had encountered difficulties.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China Belt & Road spending dips in H1, with no investment in Russia - researchSHANGHAI : China's finance and investment spending in Belt and Road countries fell slightly in the first half compared to a year earlier, with no new coal projects and investments in Russia, Egypt and Sri Lanka falling to zero, new research showed.Saudi Arabia was the biggest recipient of Chinese investme Sad that the status of such a “prestigious” endeavour has to be updated via a research. That shows how “transparent” such an endeavour is everything kept hush hush to save face. Way to go!!!
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China Belt and Road spending dips in H1, with no investment in Russia: ResearchSHANGHAI: China's finance and investment spending in Belt and Road countries fell slightly in the first half compared to a year earlier, with no new coal projects and investments in Russia, Egypt and Sri Lanka falling to zero, new research showed. Saudi Arabia was the biggest recipient of Chinese investmen viriyabot CCP is bankrupt. And we thought they were bros.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »