China's financing for Belt and Road energy projects dropped 28% to $14.3 billion last year, from $19.9 billion. The slowdown in spending came as the government cracked down on capital outflows, scrutinising companies from HNA Group to Anbang Insurance Group that expanded rapidly overseas. Spending last year included investments in gas pipelines in Malaysia, coal power plants in the Pakistani desert and an oil terminal in Bangladesh.
TXF Development and Agency Finance
TXF is back in DC! We'll be examining how multilaterals are evolving to fulfil an expanded remit, while maintaining a focus on emerging and frontier market development and infrastructure. Join corporates and leading practitioners in agency finance to debate industry challenges.