China’s pledges to SE Asia come up $50B short says study

SYDNEY: China promised billions of dollars to infrastructure projects across Southeast Asia, but many of these were never built, according to a study by an Australian think tank released on Wednesday. Sydney’s Lowy Institute found that since 2015, more than $50 billion that Beijing promised to projects in the region was unallocated. Register to read […]

Tomas Kauer - News Moderator Tomas Kauer - News Moderator
Mar 28, 2024 - 12:35
China’s pledges to SE Asia come up $50B short says study

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SYDNEY: China promised billions of dollars to infrastructure projects across Southeast Asia, but many of these were never built, according to a study by an Australian think tank released on Wednesday.

Sydney’s Lowy Institute found that since 2015, more than $50 billion that Beijing promised to projects in the region was unallocated.

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