Australia pays price for snubbing Belt and Road Initiative as Chinese investment plunges 36 per cent in a single year
It marks the second-lowest year in investment value and the lowest number of investment transactions, 11. Helen Zhi Dent, co-author of the report, has noted China’s spurning of Australia comes as the superpower redirects its focus to countries participating in the Belt and Road Initiative . Chinese investments in BRI countries increased by 28 per cent in 2023 and for the first time ODI share going to BRI nations exceeded 20 per cent.
Source: News Formal (newsformal.com)
Belt And Road ODI China Chinese Overseas Direct Investment Finance Markets Foreign Investment Belt And Road Initiative Australia Real Estate
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