Egypt minister sees no threats attached to China investment

Egypt minister sees no threats attached to China investment

Egypt minister sees no threats attached to China investment

Egypt is only accepting Chinese investments in projects that are mutually beneficial, its investment minister has said, amid growing skepticism in some countries about risks tied to ‘Belt and Road’ investments.

The Belt and Road initiative is an ambitious plan to expand the trade corridor for the Asian giant to link Asia, Europe and Africa, pumping credit into building roads, railways and ports in a trillion-dollar infrastructure drive.

For more information, please see https://www.reuters.com/article/us-imf-worldbank-egypt-china/egypt-minister-sees-no-threats-attached-to-china-investment-idUSKCN1MO0B0

Leave a Reply

Your email address will not be published. Required fields are marked *

We take processes apart, rethink, rebuild, and deliver them back working smarter than ever before.