Chinese Factor in the Balkan Economy

Abstract

The article examines the impact of Chinese investment on the economies of the Western Balkans, in particular on Serbia and Montenegro. The authors assess the key Chinese investment projects in terms of their potential benefits and risks, among which the main problem is the growing economic dependence on China and the increasing debt burden in the countries of the region. China’s interests in the Balkans are varied, but are mainly focused on infrastructure and industrial projects that further promote the Belt and Road Initiative.