How does China benefit from the Belt and Road Initiative?

Through the rapid expansion of its demand for imports, China propels economic growth in the B&R countries that export goods to China. Under the cooperation framework of the Belt and Road Initiative, China supports developing countries such as those in Asia, Africa and Latin America to invest more in infrastructure.

How much money is in the Belt and Road Initiative?

There are no official figures on the total amount of loans to and investment in Belt and Road Initiative projects, but according to data provider Refinitiv, in the first quarter of 2020, the value of belt and road projects exceeded US$4 trillion for the first time.

How much has China invested in Pakistan?

Originally valued at $47 billion, the value of CPEC projects is worth $62 billion as of 2020. CPEC is intended to rapidly upgrade Pakistan’s required infrastructure and strengthen its economy by the construction of modern transportation networks, numerous energy projects, and special economic zones.

What impact will the OBOR have on trading?

With PRC growth moderating as it rebalances sources of growth from exports and investment to greater consumption, OBOR can boost PRC trade relations and diversify exports. It could also contribute to a revival of trade and growth across Asia.

How much is investment BRI?

2020 overall investment trends in the Belt and Road Initiative (BRI) Data for Chinese investments in the 138 countries of the Belt and Road Initiative show that overall investments in the BRI in 2020 were about US$47 billion.

How much is China investing in BRI?

China’s finance and investments in the Belt and Road initiative (BRI) Data for Chinese investments in the 140 countries of the Belt and Road Initiative show that overall financing and investments in the BRI in the first six months of 2021 was about US$19.3 billion.

Will Cpec make Pakistan rich?

The CPEC has the potential to break the begging bowl of Pakistan by enabling it to create enough wealth for domestic use and debt servicing, he said, adding that Pakistan recently witnessed a historic surge in exports and its major credit goes to CPEC power plants for their uninterrupted power supply to the industry.