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    Home»Nigeria»The scope of China is considered to be part of the One One – One Way initiative
    Nigeria

    The scope of China is considered to be part of the One One – One Way initiative

    July 18, 20252 Mins Read
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    In the six months of this year, Chinese companies ended the contract with the countries of a belt belt – an initiative worth $ 124 billion. This has exceeded the total indicator for all $ 2024 – 122 billion. This has been reported by Interfax, referring to the research of the University of Griffith and the Green Beijing Financial and Development Center.

    In total, in January to June 2025, 176 new transactions were ended.

    Wang, the strong activation of China's participation this year is surprising, even compared to the sustainable growth context in the operation since the end of Coronavirus disease, the author of the study, Christophe, Wang said. However, in 2025, in fact, in the first half of the year, some Megapsens have ended worth more than $ 10 billion each.

    Now China shows the largest investment in Africa ($ 39 billion) and in Central Asia ($ 25 billion). Oil and gas investment has reached a record of $ 44 billion in the first half of the year, of which $ 20 billion is in the ability to handle in Nigeria.

    The largest investment recipient among Chinese partners is Kazakhstan – investing in this country as part of the One One Belt – One Way initiative up to $ 23 billion. At the same time, Latin America has received a minimum investment volume in the past ten years.

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