WEEK IN REVIEW: China’s Belt and Highway Financing and Investments Fell within the First Half of the 12 months – #information
China’s Belt and Highway financing and investments fell within the first half of the 12 months, with no new spending in Russia, Sri Lanka, and Egypt, in line with a research by the Inexperienced Finance & Growth Middle in Shanghai. Financing and investments had been at $28.4 billion within the first six months, in contrast with $29.4 billion in the identical interval a 12 months earlier, in line with the middle, which is affiliated with Fudan College. The primary-half figures had been 40% decrease in contrast with the identical interval in 2019, it mentioned. (BLOOMBERG)
The meals disaster within the Horn of Africa is the most recent entrance within the U.S.-China rivalry with officers from each side throwing shade at each other for not doing sufficient. Over the weekend, China mentioned that emergency meals shipments are both on the way in which or will quickly be shipped to 4 international locations within the area. The shipments comply with criticism from USAID Administrator Samantha Energy who singled out China for not offering aid. Beijing angrily denounced Energy’s accusation and implied that it’s the U.S. “who’s inflicting the worldwide meals disaster.” (@WUPENG_MFACHINA)
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