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Title : China Prepares To Seize Kenya's Infrastructure Over Failure To Repay Massive Debts
link : China Prepares To Seize Kenya's Infrastructure Over Failure To Repay Massive Debts

China Prepares To Seize Kenya's Infrastructure Over Failure To Repay Massive Debts

Chinese President Xi Jinping (R) meets with Kenyan President Uhuru Kenyatta, who is here for the Belt and Road Forum (BRF) for International Cooperation, at the Great Hall of the People in Beijing, capital of China, May 15, 2017. (Xinhua/Pang Xinglei)

Taiwan News: China's African debt-trap: Beijing prepares to seize Kenya's port of Mombasa

Nairobi fails to repay massive debts on shady loan for underperforming railway, Kenyan infrastructure ripe for the taking: reports

TAIPEI (Taiwan News) – China may be preparing to seize some major assets in the African nation of Kenya, as a result of debt-trap diplomacy.

African media reports that Kenya may soon be forced to relinquish control of its largest and most lucrative port in Mombasa to Chinese control.

Other assets related to the inland shipment of goods from the port, including the Inland Container Depot in Nairobi, and the Standard Gauge Railway (SGR), may also be compromised in the event of a Chinese port takeover.

Kenya has reportedly taken extremely large loans from the Communist government for the development of some major highways, and especially for the SGR, which forms a crucial transport link to and from Nairobi for the import and export of goods through Mombasa.

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WNU Editor: This was so predictable.

Thus Article China Prepares To Seize Kenya's Infrastructure Over Failure To Repay Massive Debts

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