Engineers from China and Tanzania are pictured at the construction site of the Dar es Salaam Port upgrade in Tanzania. A report by AidData says China spent an average US$85.4 billion a year in the five years after the Belt and Road Initiative was launched in 2013. Photo: Xinhua
Engineers from China and Tanzania are pictured at the construction site of the Dar es Salaam Port upgrade in Tanzania. A report by AidData says China spent an average US$85.4 billion a year in the five years after the Belt and Road Initiative was launched in 2013. Photo: Xinhua

China’s development finance double US’ but issues threaten belt and road: report

  • Study of 13,247 global belt and road projects worth US$843 billion over 18 years finds China relied primarily on debt rather than aid in overseas financing
  • AidData analysis finds recipient nations are concerned about project issues and Chinese debt burdens ‘substantially larger’ than previously understood

Engineers from China and Tanzania are pictured at the construction site of the Dar es Salaam Port upgrade in Tanzania. A report by AidData says China spent an average US$85.4 billion a year in the five years after the Belt and Road Initiative was launched in 2013. Photo: Xinhua
Engineers from China and Tanzania are pictured at the construction site of the Dar es Salaam Port upgrade in Tanzania. A report by AidData says China spent an average US$85.4 billion a year in the five years after the Belt and Road Initiative was launched in 2013. Photo: Xinhua
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