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China's economic presence in Belarus is seriously overblown in propaganda, by both Lukashenko (who needs a political leverage) and Xi Jinping (who craves a BRI success)
Total
lending to BY was ~$3,5bn, now compare it to $62,5b in Venezuela
(1/3) https://www.scmp.com/economy/article/3098007/belarus-protests-cast-shadow-over-chinas-belt-and-road-ambitions-lukashenko
Total
lending to BY was ~$3,5bn, now compare it to $62,5b in Venezuela(1/3) https://www.scmp.com/economy/article/3098007/belarus-protests-cast-shadow-over-chinas-belt-and-road-ambitions-lukashenko
China's total FDI stock in Belarus is actually lower than Poland's investments, less than 3% of the total FDI stock.
And roughly a half of residents of the CN-BY Great Stone industrial park near Minsk are EU and US companies, by the way.
(2/3)
And roughly a half of residents of the CN-BY Great Stone industrial park near Minsk are EU and US companies, by the way.
(2/3)
The one BRI element that really hinges on Belarus are the thriving EU-China ralway connections, of which 90%+ run through BY.
If those are halted, China's logistics sector migh get a hit, and lots of European (mostly German) value chains will get disrupted.
(3/3)
If those are halted, China's logistics sector migh get a hit, and lots of European (mostly German) value chains will get disrupted.
(3/3)
