IfW event: More private funding for the BRI

In light of various domestic economic problems, there are questions about whether Beijing can continue to fund its multi-billion dollar Belt & Road Initiative (BRI). Christoph Nedopil, Director of the Griffith Asia Institute and Professor at Griffith University in Brisbane, Australia, sees China’s current economic development as a driver rather than a barrier to foreign investment. The trend of BRI projects is shifting from purely government funding to private funding by companies anyway – and they continue to have a high interest in foreign countries, Nedopil argued Thursday at the Kiel Institute for the World Economy’s (IfW) Global China Conversations event series on „Global Gateway and the Belt and Road: A Sustainable Alternative?“