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Middle East is top recipient of Chinese Belt and Road deals

Summary by AGBI

Total value doubles from 2023 Saudi deals worth $19bn US and China vie for influence The Middle East was the top recipient of construction and investment deals under China’s Belt and Road Initiative (BRI) in 2024, with the total value reaching $39 billion. That may not go down well in Washington. Saudi Arabia and construction topped the list, according to a report by Griffith Asia Institute, based in Queensland, Australia. The value of construc…

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Chinese manufacturers exported wind turbines with a total capacity of 5.19 gigawatts (GW) of wind power in 2024, up nearly 42% from the previous year, with the majority going to countries participating in the Belt and Road Initiative (BRI). The top five destinations for wind turbine exports were Saudi Arabia, Uzbekistan, Brazil, Egypt and Kazakhstan, … Continue reading China’s wind turbine exports surge →

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Middle East is top recipient of Chinese Belt and Road deals

Total value doubles from 2023 Saudi deals worth $19bn US and China vie for influence The Middle East was the top recipient of construction and investment deals under China’s Belt and Road Initiative (BRI) in 2024, with the total value reaching $39 billion. That may not go down well in Washington. Saudi Arabia and construction topped the list, according to a report by Griffith Asia Institute, based in Queensland, Australia. The value of construc…

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AGBI broke the news in 4 days ago on Wednesday, March 5, 2025.

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