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Author: Admin | 2025-04-27
With about USD394 (see Figure 3). Compared to the peak in 2017, this is a 22% decrease.Particularly for construction projects, this trend is likely in line with the ambition to have “small or beautiful projects” in the BRI propagated through official channels. Another reason is that China adjusted its risk management strategies to adjust for BRI country risks that are more pronounced, e.g., due to sovereign debt issues.Deal size of Chinese engagement in the BRI 2013-2023- left, for construction projects; right investmentsRegional and country analysis of Chinese BRI engagementAfrica as the largest recipient of BRI engagement with strong growth also in Central AsiaChinese BRI engagement was not evenly distributed among all regions. BRI countries in Africa saw a 47% increase in Chinese construction contracts and 114% increase in investments. In consequence Africa as a continent became the largest recipient of Chinese engagement worth USD21.7 billion, overtaking Middle Eastern countries that saw USD15.8 billion engagement. Nevertheless, Middle Eastern countries continued to be a major recipient of Chinese construction engagement, receiving 36.7% of total BRI construction engagement in 2023, a growth of 31% from 2022.East Asian BRI countries, meanwhile, expanded its intake of Chinese investments by 94% to USD6.8 billion in 2023.Interestingly, Latin American BRI countries saw very little construction engagement in 2023, just USD180 million (just ahead of Pacific BRI countries receiving USD170 construction engagement). Yet, Latin American BRI countries saw an increase of 92% for its investments to receive about 5.5 billion in investments, taking 20.5% of all Chinese BRI overseas investments.Chinese engagement in different BRI regions since 2013China’s financing and investment spread across 61 BRI countries in 2023 (up from 60 in 2022), with 37 countries receiving investments and 45 with construction engagement.The country with the highest construction volume in 2023 was Saudi Arabia, with about USD5.6 billion (up
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