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
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

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
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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