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
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.
Read more: https://www.taiwannews.com.tw/en/news/3605624
China's economic imperialism continues. They control part of the Panama Canal as well, if I'm not mistaken. I remember when I was in the Navy, during a briefing, we were shown all the ports in Asia and the Indian Ocean that they controlled. It's becoming a stranglehold on world commerce.