China moves to shore up supply chains as production shift spreads
China is moving to shore up its supply chains as concerns grow over western withdrawals, ...
© Oana Ungureanu
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.
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