53Chinese Related Loans and the Problem of Modernization of the Byelorussian Industry
// Russia and New States of Eurasia. 2019. No IV (ХLV). P. 148-156
// Russia and New States of Eurasia. 2019. No IV (ХLV). P. 148-156
DOI: 10.20542/2073-4786-2019-4-148-156
Abstract
Byelorussia uses Chinese related loans for modernization of its industry. However the effectiveness of this modernization is very low. All modernization projects of Byelorussian enterprises linked with Chinese loans proved to be unprofitable for Byelorussia because Minsk has been unable to estimate economic consequences of modernization of industry.
Keywords
Byelorussia, China, related loans, modernization of industry
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