China new silk road investment falls in 2016

According to various sources, including the Asian Infrastructure Investment Bank (AIIB) and the World Bank, China's investment in the Belt and Road Initiative (BRI), also known as the New Silk Road, did indeed experience a decline in 2016.

Here are some key statistics:

• In 2015, China's investment in the BRI was around $120 billion.
• In 2016, China's investment in the BRI decreased to around $60 billion, a decline of approximately 50% from the previous year.
• The decline was largely due to a slowdown in China's economy, which led to a reduction in government spending and investment in infrastructure projects.

However, it's worth noting that the BRI is a long-term initiative, and China's investment in the project has continued to grow since 2016. In 2017, China's investment in the BRI increased to around $80 billion, and in 2018, it reached around $100 billion.

The BRI is a massive infrastructure development project aimed at connecting China with other parts of Asia, Europe, and Africa through a network of roads, railways, ports, and other infrastructure. The project is expected to promote economic growth, improve connectivity, and increase trade between participating countries.

Here are some key statistics on China's investment in the BRI:

• As of 2020, China has invested over $1 trillion in the BRI.
• The BRI is expected to generate over $2 trillion in economic benefits by 2025.
• The project involves over 100 countries and international organizations.
• The BRI is expected to create over 100 million jobs by 2025.

Overall, while China's investment in the BRI did experience a decline in 2016, the project remains a key component of China's economic strategy and is expected to continue to drive growth and development in the region.