Corona adopts Jinping's ambitious 'Belt Road' project

The investment for the project was 75 75 billion in 2018 and has now dropped to just ત્રણ 3 billion.

New Delhi: Chinese President Xi Jinping's ambitious Belt Road Project or Belt Rose Initiative has seen the adoption of the Corona. The project is now on the verge of closure due to the collapse of the economies of China and other countries due to the Corona. The Belt Rose project is no longer likely to receive new loans and investments.

So this operation is at a standstill. The project had an investment of 75 75 billion in 2018 and will reach 3 3 billion in 2020. According to researchers affiliated with the Belt Rose Initiative, investments in China fell sharply in 2020 to 54 per cent year-on-year.

According to a report published in the Kabul Times, Wang Xialong, director general of the International Economic Affairs Department of the Chinese Ministry of Foreign Affairs, said that 20 percent of the Belt Road project has been adversely affected and 30 to 40 percent of the project has been adversely affected. Corona has greatly weakened China's economic situation.

The investment situation in the Belt Road project in 2018 was 75 75 billion and in 2020 this investment has reached 3 3 billion. In addition, there are many fears of financial corruption in the scheme.

The entire future of the scheme is in jeopardy due to unfavorable loan conditions, lack of financial transparency, fear of sinking into debt as well as negative impacts at the social, international and environmental levels. Even in Pakistan, which has been a hotbed of Chinese talk, work on 32 of the 122 projects under the Belt Road project has only just begun, and after Koro, the work has been extremely slow or stalled.