This suggests heavy investment yearly by China. It additionally suggests that China is utilizing this as a serious cargo route, <a href='http://szotar.sztaki.hu/hun-eng-4868061/request/bri-boosts-chinese-investments-5269308?---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22casetracker[pid]%22%0D%0A%0D%0A387129%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22casetracker[case_status_id]%22%0D%0A%0D%0A4%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22casetracker[case_priority_id]%22%0D%0A%0D%0A2%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22casetracker[case_type_id]%22%0D%0A%0D%0A9%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22title%22%0D%0A%0D%0ABRI%20boosts%20Chinese%20investments%20in%20Egypt%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22taxonomy[4][]%22%0D%0A%0D%0A2775%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22teaser_include%22%0D%0A%0D%0A1%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22body%22%0D%0A%0D%0A%0D%0A%0D%0A%3Cimg%20src=%22http://media1.picsearch.com/is%3FybYG-8A4mKmF1wZpAa9sVDe83EKtsd3dMYQTWFNDRgs&height=227%22%20alt=%22belt%20and%20road%22%20title=%22belt%20and%20road%20©%20news.kuwaittimes.net%22%20style=%22max-width:440px;float:left;padding:10px%2010px%2010px%200px;border:0px;%22%3EThe%20Belt%20and%20Road%20Initiative%20(abbreviation%20of%20theSilk%20Road%20Economic%20Belt%20and%20the%2021%20Century%20Maritime%20Silk%20Road)%20has%20boosted%0D%0AChinese%20investments%20and%20engagement%20in%20a%20series%20of%20projects%20in%20Egypt,%20an%0D%0AEgyptian%20economic%20expert%20has%20said.%20Nov.%2016%20--%20The%20Belt%20and%20Road%20Initiative%20(abbreviationof%20the%20Silk%20RoadEconomic%20Belt%20and%20the%2021%20Century%20Maritime%20Silk%20Road)%20has%20boostedChinese%20investments%20and%20engagement%20in%20a%20series%20of%20projects%20in%20Egypt,%20an%0D%0AEgyptian%20economic%20expert%20has%20said.%20%22When%20international%20cooperation%20isbased%20on%20the%20win-win%20rule,%20you%20will%20not%20find%20opponents%20in%20such%20cooperation,%0D%0Athat%20is%20the%20case%20with%20the%20BRI,%22%20economic%20expert%20Walid%20Gaballah,%20who%20is%0D%0Aalso%20a%20member%20of%20the%20Egyptian%20Association%20for%20Political%20Economy,%20told%20Xinhua%20in%0D%0Aa%20recent%20interview.%20China%20was%20inspired%20by%20the%20spirit%20of%20thepast%20to%20create%20the%20future%20by%20%22reviving%20the%20ancient%20%3Ca%20href=%22https://en.imsilkroad.com%22%3ESilk%20road%20economic%20belt%20countries%3C/a%3E%20Road%20in%20the%20form%0D%0Aof%20two%20trade%20corridors,%20connecting%20Asia,%20Europe%20and%20Africa%20with%20trade,%0D%0Aeconomic,%20cultural%20and%20intellectual%20links,%22%20he%20added.%20People%20work%20at%20a%20ceremony%20for%20the%20first%20capped%20building%20inthe%20Central%20Business%20District%20(CBD)%20project%20in%20New%20Administrative%20Capital,%0D%0AEgypt,%20on%20March%2015,%202020.%20(Xinhua)%20Proposed%20in%202013,%20the%20China's%20silkroad%20economic%20belt%20and%20the%2021st%20Century%20Maritime%20Silk%20Road%EF%BC%88abbreviated%20the%20Belt%20and%20Road%20Initiative%EF%BC%89aims%20to%20build%20trade%20and%20infrastructure%20networks%20connecting%20Asia%20withEurope%20and%20Africa%20on%20and%20beyond%20the%20ancient%20Silk%20Road%20routes.%20The%20Egyptian%20expert%20noted%20that%20theinitiative%20is%20a%20%22multi-axis%20integration%20framework%20based%20on%20dialogue%20that%0D%0Ais%20meant%20to%20make%20a%20better%20future%20for%20all.%22%20The%20initiative%20is%20pumping%20huge%20investmentsinto%20Silk%20roadeconomic%20belt%20countries%20along%20the%20route%20to%20create%20more%20jobs%20andachieve%20more%20growth,%20Gaballah%20said.%20He%20added%20that%20the%20initiative%20hasconsolidated%20Egypt's%20partnership%20with%20Chinese%20companies%20in%20implementing%20mega%0D%0Aprojects%20such%20as%20the%20huge%20Central%20Business%20District%20in%20the%20new%20administrative%0D%0Acapital,%20solar%20power%20stations%20as%20well%20as%20the%20project%20to%20establish%20an%20integrated%0D%0AChinese%20textile%20city%20in%20Sadat%20City.%0D%0A%0D%0AAdministrative%20Capital,%20Egypt.%20(Xinhua)%20%22Such%20projects%20reflect%20successfulcooperation%20between%20Egypt%20and%20China%20within%20the%20framework%20of%20the%20initiative%20to%0D%0Aget%20the%20most%20benefits%20for%20both%20parties,%22%20Gaballah%20said,%20adding%20that%20the%0D%0Ainitiative%20led%20to%20an%20increase%20in%20Chinese%20investments%20in%20Egypt.%20According%20to%20the%20Chinese%20Embassy%20in%20Egypt,China-Egypt%20trade%20volume%20reached%206.69%20billion%20U.S.%20dollars%20in%20the%20first%20half%20of%0D%0A2020,%20up%202.7%20percent%20year-on-year,%20while%20China's%20total%20investments%20in%20Egypt%0D%0Aexceed%207%20billion%20dollars.%20In%20Gaballah's%20view,%20the%20BRI%20is%20a%20frameworkthat%20regulates%20the%20common%20desire%20of%20China%20and%20Egypt%20to%20enhance%20economic%0D%0Acooperation.%20He%20believes%20that%20the%20initiative%20will%20beincreasing%20popular%20in%20Egypt.%20For%20example,%20the%20Chinese%20textile%20project%20in%20Sadat%0D%0ACity,%20which%20aims%20to%20establish%20more%20than%20500%20factories,%20will%20create%20about%0D%0A160,000%20job%20opportunities%20for%20local%20people.%20%0D%0A(Xinhua/Wu%20Huiwo)%20As%20for%20the%20importance%20of%20the%20initiative%20to%20Silk%20roadeconomic%20belt%20countries,%20Gaballah%20said%20the%20BRI%20provided%20anopportunity%20for%20further%20cooperation%20between%20China%20and%20Africa%20through%20the%0D%0Aplatform%20of%20the%20China-Africa%20Cooperation%20Forum.%20The%20expert%20stressed%20that%20the%20BRI%20is%20notonly%20a%20development%20initiative,%20but%20will%20also%20help%20boost%20friendship%20and%20trust%0D%0Abetween%20people.%20China%20has%20provided%20medical%20supplies%20toAfrica%20and%20shared%20its%20experience%20in%20combating%20COVID-19%20with%20African%20countries,%0D%0Ahe%20noted,%20adding%20that%20Africa's%20confidence%20in%20China's%20support%20has%20contributed%20to%0D%0Athe%20success%20of%20the%20initiative.%20Source%EF%BC%9Ahttps://en.imsilkroad.com/p/316942.html%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22changed%22%0D%0A%0D%0A%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22form_build_id%22%0D%0A%0D%0Aform-1693a78eb5493e67d333b849fbb3f8be%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22form_id%22%0D%0A%0D%0Arequest_node_form%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22log%22%0D%0A%0D%0A%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22field_request_type[value]%22%0D%0A%0D%0A%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22field_request_content[0][value]%22%0D%0A%0D%0A%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22field_request_tpl_root[0][value]%22%0D%0A%0D%0A%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22field_request_target_id[nid][nid]%22%0D%0A%0D%0A%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22field_request_searchword[0][value]%22%0D%0A%0D%0A%0D%0A---------------------------1365999494861078%0D%0AContent-Disposition:%20form-data;%20name=%22op%22%0D%0A%0D%0AMent%C3%A9s%0D%0A---------------------------1365999494861078--'>Silk road economic belt countries not only to supply its allies in Djibouti and Eritrea, however as a springboard to the remainder of East Africa for Chinese language goods. In November 2019, the Ethopian Authorities signed an agreement with Alibaba that promotes cross-border commerce, logistics and success services for its products.In R. Garnaut, L. Tune, F. Cai, & L. Johnston (Eds.), China's new sources of financial growth vol. 1: Reform, assets and local weather change (pp. 215- 246). Canberra: ANU Press. Johnston, L., & Rudyak, M. (2017). China's globalisation-shaping «innovative and pragmatic» overseas aid: From shaped by to shaping globalisation. In R. Garnaut, L. Music, C. Fang, & L. Johnston (Eds.), China's new sources of financial progress vol.Thailand: The Japanese Economic Corridor is a USD5 billion good digital hub and economic zone, supported by HNA Innovation Finance. Viet Nam: Hanoi’s Cat Linh-Ha Dong Metro Line would value USD868 million. Some international locations just like the Philippines, Indonesia, and Cambodia have chosen to join the BRI with nice publicity and explicit documents. Specifically, the Philippine government has given excessive visibility to its good relationship with China. But these apparently win-win tasks have incurred local resistance and other political hurdles, most commonly the concern that too much money coming in the type of bilateral debt and never from a multilateral establishment may bankrupt the nation or present an excuse to take over land property, because it happened in Sri Lanka with the Hanbantota Port.