China's New Belt and Road Has Less Concrete, More Blockchain
The Covid-19 pandemic hasn’t been good for China’s Belt and Road Initiative. the virus “seriously affected” one-fifth of the projects in the China-centered infrastructure drive, according to the Ministry of foreign Affairs. Djibouti, Laos, Maldives, Pakistan, and Zambia, among others, have asked China to renegotiate or forgive Belt and Road loans. Kyrgyzstan and Sri Lanka have already extracted concessions.
Source: Bloomberg #Mar24
#China #BeltandRoad #Djibouti #Laos #Maldives #Pakistan
https://www.bloomberg.com/news/articles/2021-03-24/china-s-new-belt-and-road-has-less-concrete-more-blockchain
The Covid-19 pandemic hasn’t been good for China’s Belt and Road Initiative. the virus “seriously affected” one-fifth of the projects in the China-centered infrastructure drive, according to the Ministry of foreign Affairs. Djibouti, Laos, Maldives, Pakistan, and Zambia, among others, have asked China to renegotiate or forgive Belt and Road loans. Kyrgyzstan and Sri Lanka have already extracted concessions.
Source: Bloomberg #Mar24
#China #BeltandRoad #Djibouti #Laos #Maldives #Pakistan
https://www.bloomberg.com/news/articles/2021-03-24/china-s-new-belt-and-road-has-less-concrete-more-blockchain