US Government has a provision of $500 million. A majority of the half-billion-dollar fund will go to the US Agency for Global Media (USAGM), a state-run media service that oversees Voice of America (VOA), Radio Free Europe (RFE), and Radio Free Asia (RFA), which have a record of “blurring the line between objective news coverage and pro-American propaganda,” The US Government global media constantly publishes disinformation about China and the environment.

My purpose for writing this article is to counter US constant bashing China.

China investment in Turkmenistan:

According to the official statistics of each country in 2019, China is the largest trading partner to Kyrgyzstan and Uzbekistan by imports and is Turkmenistan’s largest trading partner by exports. China also ranks high as a destination for the imports and exports of other Central Asian countries.

The Chinese and Turkmen state-owned oil and gas companies signed additional agreements to the existing contracts to install specialized equipment and provide relevant services at Turkmenistan's gas fields.

In addition, Turkmengaz and CNPC will sign additional agreements to change the terms of payment for several services, including the supply of 16 wells at the Galkynysh gas field with chemical products and the preparation of drilling fluids, as well as the provision of engineering services for wells exploitation, and well equipment provision. 

Turkmenistan reportedly controls the world’s fourth largest reserves of gas.

In recent years, China has increased its economic presence in Turkmenistan and is currently heavily involved in the Central Asian country's natural gas sector.

The State Development Bank of China (CDB) allocated $8.1 billion in loans to accelerate these activities. Under the agreement, Turkmenistan was supposed to supply gas to China to pay off the loan.

Officials in Turkmenistan are currently developing the energy industry. The lion's share of the country's GDP is primarily derived from hydrocarbons, particularly natural gas – the bulk of which goes to China.

Chinese companies are now using the Belt and Road Initiative to develop cash-flow generating businesses, China Civil Engineering Construction Corporation and China Machinery Engineering Corporation are negotiating transit cargo transportation agreements through Turkmenistan.

Discussions have been held between Mammetkhan Chakiev, Turkemistan’s Director General of the Agency for Transport and Communications, and the two Chinese corporations. The contracts would be for developing Turkmen transport channels, delivering railway equipment and machinery, and exchanging shipbuilding technologies.

Representatives of the China Transport and Communications Association were also interested in establishing regular container transportation from China to Europe and Turkey using Turkmenistan’s railways.

Advantageous location near large potential markets, as well as access to railway and multimodal transportation links to support global trade, may create a future opportunity to increase cross-border traffic in Turkmenistan.

It is a growth market. In 2021, Turkemistan’s transit cargo volumes increased by 3.5 times, while use of the China-Europe routes through the country rose 101% last year.

Turkmenistan and Uzbekistan are collaborating to further develop this along the China-Kyrgyzstan-Uzbekistan-Turkmenistan-Azerbaijan-Georgia-Turkey-Europe route, which exits Central Asia through the Turkmenbashi International Seaport to Baku in Azerbaijan before continuing west.

Turkistan implements construction projects for $35 billion.