In one belt and road deal, Sri Lanka handed over Hambantota port to state-owned China Merchants Port Holdings on a 99-year lease last year. Photo: AFP

Chinese private investment in belt and road projects may be losing steam

  • Investment share of Chinese private firms fell 12 per cent in first half from a year ago, US think tank finds
  • American Enterprise Institute says decline in forex reserves has further complicated efforts to finance roads, railways and ports under the initiative
Topic |   Belt and Road Initiative

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In one belt and road deal, Sri Lanka handed over Hambantota port to state-owned China Merchants Port Holdings on a 99-year lease last year. Photo: AFP
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Laura Zhou

Laura Zhou

Laura Zhou joined the South China Morning Post's Beijing bureau in 2010. She covers China's diplomatic relations and has reported on topics such as Sino-US relations, China-India disputes, and reactions to the North Korea nuclear crisis, as well as other general news.