China is engaged in more Belt and Road-related projects in Africa but spending far less than it is in the Middle East and South Asia, according to new data from the Washington, D.C.-based consultancy RWR Advisory.
In its latest IntelTrak report that tracks BRI spending, RWR found that in the period July 28 – August 12, Sub-Saharan Africa is now close to the bottom. A similar phenomenon is also taking place in the Latin America Caribbean region where Chinese BRI investments have come to a screeching halt.