Tags Chinese Exim Bank

Tag: Chinese Exim Bank

Behind the scenes: Chinese influence in North Macedonia

(Main photo: Commercial for the Belt and Road Initiative in one of the Macedonian trains purchased from China reading “Speed up the Belt initiative, Charming Macedonia") It took North Macedonia only a few years to dramatically change its bilateral relationship with China. In 1999, it was the sole European country that recognized Taiwan as an independent state, besides the Vatican....

The tolls constitute small part of the investments – we build roads with loans (infographic)

The largest part of the finances that are invested in the road infrastructure in the country are from loans. Up to 57.4% of the money in this year's budget of the Public Enterprise for State Roads, are loans from the China Exim Bank, the European Bank for Reconstruction and Development (EBRD), the World Bank (WB) and the European Investment...