RTR: China spent $240 billion bailing out 'Belt & Road' countries, study shows
REUTERS reports: China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with ...
Kenyan president Uhuru Kenyatta has reportedly denied the prospect that China may be able to seize the east African nation’s “prized” port of Mombasa as compensation for unpaid debt linked to belt and road infrastructure projects. The South China Morning Post reports that the alarm caused has “again raised questions” about taking part in China’s massive infrastructure splurge. According to the report, Kenya ranks as the third most indebted African nation to China over the past 19 years, with a reported debt exceeding $9.5bn.
EXCLUSIVE: Indian digital forwarder Freightwalla shuttered
Peak season hopes dashed as freight rates slip again
Panama Canal restrictions could halt US coastal shift
Shippers hold back on contracts amid uncertainty and ample capacity
DB Schenker – sale, float, nothing
Airlines that adapt quickly will survive likely freight pain in H2
Carriers look for trade mix to stay in the black
Box lines look to slash their bloated equipment pools
Pessimistic Yang Ming to refocus on 3PL, terminals and yards
Freight slump does not stop US inland ports’ advance
Digital forwarder Freightwalla's failure reveals home truths
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