CHINA´S BELT AND ROAD:
Chinese overseas energy finance collapsed to its lowest level since 2008 last year, with its struggling Belt and Road ambitions in the sector relying more heavily on projects in African countries, reported the Financial Times. More than half of China’s $4.6 billion in overseas energy lending went to projects in Africa in 2020, data from Boston University’s Global Energy Finance database show.
SOURCE: CHINA ECONOMIC REVIEW
Get new content delivered directly to your inbox.