July 27, 2022

Middle East nets half of China’s Belt and Road funding

Featuring Rachel Ziemba

Source: Arabian Gulf Business Insight

Journalist Shane McGinley

A number of countries saw their BRI investments drop off completely this year, including Russia, Egypt and Sri Lanka, although Dr Wang said the reduction of investment in Egypt should not be seen as a long-term trend.

Rachel Ziemba, founder of New York-based geo-economic advisory firm Ziemba Insights, agreed. She also speculated that increased investment by Gulf countries in Egypt might have had an impact.

“It is possible that the significant investment [by Gulf countries] may be adding to prices for Egyptian infrastructure, which may be causing Chinese investors to press pause,” she said.

Read the full story and more from AGBI.

Authors

  • Rachel Ziemba

    Adjunct Senior Fellow, Energy, Economics, & Security Program

    Rachel Ziemba is an Adjunct Senior Fellow at the Center for a New American Security (CNAS). Her research focuses on the interlinkages between economics, finance and security i...