China Investment Into Belt and Road Nations Hits Highest Since 2018

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A building under construction in Boten, Laos, on June 29 near China’s border with the Southeast Asian country. Photo: Bloomberg

(Bloomberg) — China’s investment into Belt and Road (BRI) countries rose last year to the highest since 2018, a new report says, with companies putting almost $50 billion into overseas projects.

Total investment was almost 80% higher than in 2022 and helped take total engagement with the 150 countries that have signed up to the infrastructure initiative to more than $1 trillion since 2013, according to a new report from Griffith University in Australia and Fudan University in Shanghai.