People in many countries that got investments under the Belt and Road Initiative already see China, and not America, as the world’s top economy. No wonder then, Beijing has broken its BRI record in just six months.
2024 was the single biggest year yet for investment under China’s Belt and Road Initiative (BRI). Beijing approved investments worth $121.8 billion, which included $70.7 billion in construction contracts and $51 billion in direct investment, across partner countries in 2024, according to the Green Finance and Development Center, a Shanghai-based leading independent thinktank.
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