This article is by: Foreign Policy
Read about it here: China’s Global Investments Are Declining Everywhere Except for One Region
An excerpt from Foreign Policy:
The total value of China’s global investments and construction contracts actually fell by $100 billion in 2018, according to data analyzed from the American Enterprise Institute’s China Global Investment Tracker. Just about every region saw a significant decline in Chinese investment or construction projects except, surprisingly, for one: the Middle East and North Africa (MENA).
Of the 2018 MENA total, nearly three-quarters was targeted at Egypt, the United Arab Emirates, and Saudi Arabia. Those three countries also make up half of the “$20 billion club”—the group of countries with more than $20 billion worth of projects from China dating back to 2005.
A flurry of Chinese investment and construction projects in the MENA region over the last three years has made it a key geoeconomic partner for Beijing. The MENA region ranked as the second-largest recipient of investment and Chinese construction projects worldwide after Europe in 2018.
Your On-the-Ground People in China.
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