// Russia and New States of Eurasia. 2019. no. IV (ХLV). P. 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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