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BRI funds flow primarily into energy contracts

Despite strict Covid policies, China’s activities in the Belt and Road Initiative 2022 have continued to grow. According to Germany Trade and Invest, Russia in particular has stood out – as a supplier of cheap oil and gas.
By
Felix Lee
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China expanded its economic cooperation last year, particularly with Russia and Saudi Arabia. This is the finding of the annual evaluation of Belt and Road Initiative (BRI) data by the economic development agency Germany Trade & Invest (GTAI). The report’s results are available to China.Table. “Energy projects continue to set the direction,” says study author Marcus Hernig. He is an expert for China and Asia in the Connectivity Project at GTAI.

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