Which countries saw zero Chinese investment in Belt and Road projects?

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Zero Chinese Investment in Belt and Road Projects Recorded in Russia, Egypt, and Sri Lanka

Chinese finance and investment in Belt and Road countries experienced a slight decrease in the first half of the year compared to the previous year. Notably, investments in Russia, Egypt, and Sri Lanka fell to zero during this period. Overall financing and investment reached US$28.4 billion, a reduction from US$29.6 billion in the same period a year prior.
Key Recipients of Chinese Investment

Saudi Arabia emerged as the primary destination for Chinese investments during the first half, securing approximately US$5.5 billion. This marks a significant concentration of capital within the region, contrasting with the zero investment recorded in other Belt and Road nations.
Shift in Energy Project Financing

While no new coal projects received Chinese support, reflecting a pledge made by President Xi Jinping, fossil fuels, particularly oil and gas, continued to dominate overseas energy investments. These sectors accounted for around 80 per cent of China’s overseas energy investments and 66 per cent of its construction contracts. Engagements in gas projects amounted to US$6.7 billion in the first half, down from US$9.5 billion for the entirety of the previous year.
Green Energy and Hydropower Transactions Decline

Transactions related to green energy and hydropower saw a decline of 22 per cent when compared to the preceding year. Although investment in green energy increased to US$1.4 billion from US$400 million, related construction spending fell to US$1.6 billion, less than half of the prior year's level. Despite this, 11.2 gigawatts of capacity have already secured financing and are awaiting construction commencement.

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Which countries saw zero Chinese investment in Belt and Road projects?

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