Iraq top recipient of China’s Belt and Road Initiative financing in 2021

Iraq was the top target for China’s Belt and Road Initiative in 2021, receiving US$10.5 billion in financing for infrastructure projects including a heavy oil power plant, a study published on Wednesday said.In total, China’s engagement through investments and contractual cooperation across the 144 Belt and Road Initiative countries was US$59.5 billion, in line with the US$60.5 billion in 2020, according to the report by the Green Finance & Development Center at Shanghai’s Fudan University…

Stay connected with us on social media platform for instant update click here to join our T witter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.